Alliance Integrated Metaliks Reports Mixed Financial Results for December 2024, Highlighting Sales Growth Amid Profitability Challenges

Feb 13 2025 10:03 PM IST
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Alliance Integrated Metaliks announced its financial results for the quarter ending December 2024, revealing net sales of Rs 19.32 crore, a 30.81% year-on-year increase. However, the company reported a Profit After Tax loss of Rs 19.03 crore, indicating ongoing profitability challenges amid a shifting financial landscape.
Alliance Integrated Metaliks has recently reported its financial results for the quarter ending December 2024, with the announcement made on February 13, 2025. The company operates within the Steel/Sponge Iron/Pig Iron industry and is categorized as a microcap entity.

The financial performance for the quarter reflects a mixed picture. On a positive note, net sales reached Rs 19.32 crore, showcasing a year-on-year growth of 30.81%. This indicates a favorable near-term sales trend for the company. However, the Profit After Tax (PAT) presents a contrasting scenario, as it recorded a loss of Rs 19.03 crore, reflecting a year-on-year decline of 5.3%. This suggests challenges in profitability that may impact overall financial health.

In light of these results, there has been an adjustment in evaluation, with the score reflecting a shift from 14 to 5 over the past three months. Such changes in assessment highlight the evolving financial landscape for Alliance Integrated Metaliks.

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