Aditya Spinners Reports Record Sales Amid Slower Debt Recovery Challenges in December 2024

Aditya Spinners, a microcap player in the textile industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable performance in net sales, which reached Rs 16.82 crore, marking the highest figure recorded in the last five quarters. This positive trend in sales suggests a strengthening position in the near term.
However, the company faces challenges as reflected in its Debtors Turnover Ratio, which stands at 27.81 times for the half-yearly period. This figure is the lowest observed in the last five half-yearly periods, indicating a slowdown in the pace at which the company is settling its debts.

In light of these developments, Aditya Spinners has experienced an adjustment in its evaluation, with its score shifting from -5 to -2 over the past three months. This revision highlights the mixed nature of the company's recent performance, balancing positive sales growth against the backdrop of slower debt recovery.

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