Acme Resources Reports Mixed Financial Results Amid Profit Growth and Sales Decline in February 2025
Acme Resources has announced its financial results for the quarter ending December 2024, revealing a significant year-on-year increase in Profit After Tax, reaching Rs 3.20 crore. However, net sales for the nine-month period declined to Rs 6.00 crore, indicating challenges in sales performance despite improved profitability.
Acme Resources, a microcap company in the Finance/NBFC sector, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 13, 2025, indicate a notable adjustment in evaluation, with the score declining to 5 from 7 over the past three months.The financial data reveals a positive trend in Profit After Tax (PAT), which has reached Rs 3.20 crore for the half-year period, reflecting a significant year-on-year growth of 89.35%. This figure surpasses the PAT of Rs 1.15 crore recorded in the previous twelve months, indicating a strong performance in this area.
Conversely, the company has faced challenges in its net sales, which amounted to Rs 6.00 crore for the nine-month period, showing a year-on-year decline of 35.14%. This aspect highlights a negative trend in near-term sales performance.
Overall, Acme Resources' recent financial results present a mixed picture, with positive developments in profitability contrasted by difficulties in sales performance.
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