Aditya Birla Money Reports Mixed Q3 FY24-25 Results Amid Profit Growth and Sales Decline

Jan 25 2025 04:47 PM IST
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Aditya Birla Money's financial results for Q3 FY24-25 show a mixed performance, with a significant year-on-year growth in Profit After Tax (PAT) at Rs 48.50 crore. However, quarterly net sales declined to Rs 106.03 crore, and Profit Before Tax (PBT) decreased to Rs 20.88 crore, indicating challenges ahead.
Aditya Birla Money has recently reported its financial results for the third quarter of FY24-25, revealing a mixed performance. The company's Profit After Tax (PAT) for the half-year period reached Rs 48.50 crore, reflecting a significant year-on-year growth of 79.17%. This positive trend in PAT indicates a robust near-term outlook for profitability.

However, the financial results also highlight some challenges. The quarterly net sales amounted to Rs 106.03 crore, which represents a decline compared to the average net sales of the previous four quarters, recorded at Rs 114.72 crore. Additionally, the Profit Before Tax (PBT), excluding other income, stood at Rs 20.88 crore, which is lower than the average PBT of Rs 22.84 crore from the preceding quarters. These figures suggest a negative trend in sales and PBT in the near term.

In light of these developments, Aditya Birla Money has experienced an adjustment in its evaluation, with its score reflecting these recent changes.

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