Indus Finance Reports 348% PAT Growth Amid Stock Evaluation Adjustment in December 2024
Indus Finance has announced its financial results for the quarter ending December 2024, showcasing a remarkable year-on-year growth in Profit After Tax (PAT) of 348.28%, reaching Rs 1.30 crore. This performance highlights the company's strong position in the finance/NBFC sector for the first half of FY24-25.
Indus Finance, a microcap player in the finance/NBFC sector, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable performance in the third quarter of FY24-25, particularly in terms of Profit After Tax (PAT). The company achieved a PAT of Rs 1.30 crore, reflecting a significant year-on-year growth of 348.28%. This performance marks a substantial increase compared to the Rs 0.85 crore recorded in the same period last year, indicating that Indus Finance has surpassed its previous twelve-month PAT within just the first half of the current fiscal year.Despite this positive financial outcome, the stock's evaluation has undergone an adjustment, with its score shifting to 7 from 12 over the past three months. This revision in its score suggests a change in the overall assessment of the stock, which may reflect various underlying factors influencing its market position.
For those interested in staying updated on Indus Finance's performance and evaluation changes, you can find more information here:
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