Aveer Foods Reports 301.75% PAT Growth in Q3 FY24-25 Amid Evaluation Adjustment
Aveer Foods has announced its financial results for the quarter ending December 2024, reporting a significant year-on-year growth in Profit After Tax (PAT) for FY24-25. The half-year PAT reached Rs 2.29 crore, marking a 301.75% increase compared to the previous year, surpassing last year's total PAT.
Aveer Foods, a microcap player in the FMCG sector, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable performance for the third quarter of FY24-25, showcasing a significant year-on-year growth in Profit After Tax (PAT). The PAT for the half-year stands at Rs 2.29 crore, reflecting a remarkable increase of 301.75% compared to the same period last year. This performance has allowed the company to surpass its PAT from the previous twelve months, which was recorded at Rs 1.68 crore.Despite the positive financial indicators, Aveer Foods has experienced an adjustment in its evaluation, with its score shifting from 12 to 11 over the last three months. This revision highlights the dynamic nature of the company's financial landscape, suggesting that while certain metrics are performing well, other factors may be influencing the overall assessment.
As Aveer Foods continues to navigate the FMCG market, stakeholders will be keen to observe how these trends evolve in the coming periods.
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