Ekansh Concepts Reports Q3 FY24-25 Results Amidst Sales Growth and Profitability Concerns
Ekansh Concepts announced its third-quarter financial results for FY24-25, revealing net sales of Rs 22.69 crore, reflecting a year-on-year growth of 54.46%. However, the company faced profitability challenges, reporting a profit after tax of Rs -2.04 crore, indicating a notable decline compared to previous quarters.
Ekansh Concepts, a microcap company in the IT software industry, has released its financial results for the third quarter of FY24-25 on January 13, 2025. The company reported a revision in its score, which has seen notable changes over the past three months.In terms of net sales, Ekansh Concepts achieved a half-yearly figure of Rs 22.69 crore, showcasing a year-on-year growth of 54.46%. This trend suggests a robust demand for the company's offerings in the near term.
Conversely, the company encountered challenges in profitability, with its profit after tax (PAT) for the quarter recorded at Rs -2.04 crore. This figure indicates a significant shift compared to the average PAT of Rs -0.41 crore over the previous four quarters, raising concerns about the company's financial health moving forward.
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