Yash Chemex Reports Strong December 2024 Results, Signaling Financial Recovery and Growth
Yash Chemex has announced its financial results for the quarter ending December 2024, showcasing a significant increase in net sales to Rs 27.33 crore, a 44.53% year-on-year growth. The company also reported a profit after tax of Rs 0.89 crore for the half-year, marking a notable improvement from the previous year.
Yash Chemex, a microcap player in the chemicals industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 13, 2025, indicate a notable shift in the company's financial landscape.The company's net sales for the quarter reached Rs 27.33 crore, reflecting a year-on-year growth of 44.53%. This marks the highest quarterly sales figure in the last five quarters, suggesting a robust near-term sales trend. Additionally, the profit after tax (PAT) for the half-year period stands at Rs 0.89 crore, a significant improvement compared to the preceding twelve-month period, which recorded a PAT of Rs -0.37 crore. This achievement indicates that Yash Chemex has already surpassed its previous half-year performance within the first six months.
In light of these developments, Yash Chemex has undergone an adjustment in its evaluation, with its score reflecting a positive change from -3 to 8 over the last three months. This revision highlights the company's evolving financial position and operational effectiveness.
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