Kemistar Corporation Reports Mixed Financial Results Amid Strong Sales Growth in December 2024
Kemistar Corporation's financial results for the quarter ending December 2024 show a mixed performance. While net sales increased significantly year-on-year to Rs 7.50 crore, the company faced challenges with operating profit and profit before tax both declining to their lowest levels in five quarters, alongside a decrease in earnings per share.
Kemistar Corporation has recently reported its financial results for the quarter ending December 2024, revealing a mixed performance within the trading industry. The company's net sales for the half-yearly period reached Rs 7.50 crore, reflecting a notable year-on-year growth of 56.58%. This positive sales trend indicates a robust demand for Kemistar's offerings.However, the financial results also highlight challenges faced by the company. The operating profit (PBDIT) for the quarter was recorded at Rs -0.46 crore, marking the lowest figure in the past five quarters. Similarly, the profit before tax (PBT) stood at Rs -0.41 crore, also the lowest in the same timeframe. Additionally, earnings per share (EPS) fell to Rs 0.06, indicating a decline in profitability and lower earnings for shareholders.
In light of these developments, Kemistar Corporation has experienced an adjustment in its evaluation, with its score reflecting these recent financial dynamics.
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