Kingfa Science & Technology Reports Record Sales and Significant Profit Growth for Q4 2024
Kingfa Science & Technology (India) has reported its financial results for the quarter ending December 2024, achieving net sales of Rs 440.37 crore, the highest in five quarters. The profit after tax for the half-year reached Rs 71.89 crore, reflecting a year-on-year growth of 33.30%.
Kingfa Science & Technology (India), a small-cap player in the plastic products industry, has recently reported its financial results for the quarter ending December 2024. The results, announced on February 11, 2025, indicate a notable shift in the company's evaluation.The company achieved net sales of Rs 440.37 crore for the quarter, marking the highest sales figure recorded in the last five quarters. This consistent growth in sales reflects a positive near-term trend. Additionally, the profit after tax (PAT) for the half-year period stands at Rs 71.89 crore, showcasing a year-on-year growth of 33.30%. This performance further underscores the favorable trajectory in the company's profitability.
In light of these developments, Kingfa Science has experienced an adjustment in its evaluation, with its score reflecting a change from 3 to 6 over the past three months. This revision highlights the company's strengthening financial position and operational performance.
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