Airan Reports Mixed Financial Results, Highlighting Growth in Profit Before Tax Amid Challenges
Airan, an IT software microcap company, announced its financial results for the quarter ending December 2024 on February 14, 2025. The report shows a significant increase in Profit Before Tax (PBT) at Rs 4.07 crore, while Profit After Tax (PAT) declined to Rs 1.87 crore, indicating mixed performance.
Airan, a microcap company in the IT software industry, has recently reported its financial results for the quarter ending December 2024. The results, announced on February 14, 2025, indicate a notable shift in the company's evaluation, with its score reflecting a change from 3 to 6 over the past three months.The financial data reveals that Airan's Profit Before Tax (PBT), excluding other income, reached Rs 4.07 crore, showcasing a year-on-year growth of 42.81%. This positive trend in PBT suggests a strengthening operational performance for the company in the near term.
Conversely, the Profit After Tax (PAT) for the same quarter was recorded at Rs 1.87 crore, which represents a year-on-year decline of 38.5%. This aspect of the financial results indicates challenges that may impact the company's overall profitability.
Overall, Airan's recent financial performance highlights a mixed picture, with significant developments in PBT contrasted by a decline in PAT.
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