Inditrade Capital Reports December 2024 Results Amid Operational Challenges and Declining Sales

Inditrade Capital has recently reported its financial results for the quarter ending December 2024, revealing significant challenges within its operations. The company's evaluation has undergone changes, reflecting a shift in its overall financial standing. The score has adjusted to -20, a decline from -19 over the past three months.
A closer look at the financials indicates that Inditrade Capital has made strides in managing its debt, with the Debt-Equity Ratio recorded at 1.09 times, the lowest in the last five half-yearly periods. This suggests a concerted effort to reduce borrowing relative to equity capital.

However, the company faces considerable headwinds. Net sales have dropped to Rs 12.85 crore, marking a substantial year-on-year decline of 68.76%. Profit Before Tax has also seen a drastic downturn, reported at Rs -10.87 crore, reflecting a significant negative trend. Similarly, Profit After Tax stands at Rs -6.85 crore, indicating ongoing challenges in profitability. The Earnings per Share has reached a low of Rs -2.94, and cash reserves have diminished to Rs 26.67 crore, highlighting deteriorating short-term liquidity.

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