Digjam Reports December 2024 Results: Strong Profit Growth Amid Sales Decline

Digjam, a microcap player in the textile industry, recently announced its financial results for the quarter ending December 2024. The evaluation changes reflect a notable shift in its score, moving to -1 from -21 over the past three months.
The financial data reveals several positive trends for Digjam. The Profit After Tax (PAT) for the quarter stands at Rs 1.52 crore, marking a significant year-on-year growth of 183.5%. This is complemented by the Operating Profit (PBDIT), which reached its highest level in the last five quarters at Rs 1.38 crore. Additionally, the Profit Before Tax (PBT) also hit a five-quarter high at Rs 0.70 crore, indicating a favorable near-term trend. The Earnings per Share (EPS) has similarly reached Rs 0.76, showcasing an increase in profitability and higher earnings for shareholders.

Conversely, the company faces challenges with its net sales, which totaled Rs 10.99 crore for the half-year, reflecting a year-on-year decline of 21.50%. This aspect indicates a negative near-term sales trend that could impact overall performance.

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