Krsnaa Diagnostics Reports December 2024 Results Amid Rising Debt and Income Concerns

Krsnaa Diagnostics, a small-cap player in the Hospital & Healthcare Services industry, has recently reported its financial results for the quarter ending December 2024. The evaluation changes reflect a notable shift in the company's score, which has seen a revision from 13 to 1 over the past three months.
The financial data reveals a positive trend in Profit After Tax (PAT), which has reached Rs 39.02 crore, marking a year-on-year growth of 66.25%. This indicates a strong near-term PAT trajectory. However, the company is also facing challenges. Interest expenses have increased to Rs 17.84 crore, reflecting a 22.78% rise over the preceding nine months, suggesting a reliance on higher borrowings.

Additionally, the non-operating income has constituted 36.26% of Profit Before Tax (PBT), raising concerns about the sustainability of this income source. The Debt-Equity Ratio has reached its highest point in five half-yearly periods at 0.26 times, indicating a potential strain on liquidity due to increased borrowing. Furthermore, the Debtors Turnover Ratio has declined to its lowest level at 2.76 times, suggesting a slowdown in the company's ability to settle its debts.

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