Assam Entrade Reports December 2024 Results Highlighting Revenue Growth Amid Profit Decline

Assam Entrade, a microcap company in the finance/NBFC sector, has recently reported its financial results for the quarter ending December 2024. The evaluation changes reflect a notable shift in the company's score, which has adjusted to -4 from 14 over the past three months.
The financial data reveals some positive aspects for Assam Entrade. The net sales for the nine-month period reached Rs 6.55 crore, demonstrating a year-on-year growth of 29.19%. This indicates a favorable near-term sales trend, suggesting that the company is experiencing an uptick in revenue generation.

Conversely, the results also highlight significant challenges. The profit before tax (PBT) for the quarter stands at Rs -0.65 crore, which represents a substantial decline compared to the average PBT of the previous four quarters. Similarly, the profit after tax (PAT) has also fallen to Rs -0.65 crore, marking a stark contrast to the average PAT of Rs 0.75 crore from the prior quarters. Additionally, the earnings per share (EPS) have reached their lowest point in the last five quarters at Rs -4.51, indicating a decline in profitability and lower earnings for shareholders.

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