M K Exim Reports Strong December 2024 Results Amid Evaluation Adjustment
M K Exim (India) has reported strong financial results for the quarter ending December 2024, achieving its highest net sales in five quarters at Rs 23.99 crore. Operating profit reached Rs 7.40 crore, with profit before tax at Rs 7.20 crore and profit after tax at Rs 5.57 crore.
M K Exim (India), a microcap player in the textile industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 12, 2025, indicate a notable performance during this period. The company achieved its highest net sales in the last five quarters, reaching Rs 23.99 crore. This positive trend is mirrored in its operating profit, which also peaked at Rs 7.40 crore for the same quarter. Additionally, profit before tax, excluding other income, was recorded at Rs 7.20 crore, marking the highest level in recent quarters. The profit after tax stood at Rs 5.57 crore, further reflecting the company's strong financial position. Earnings per share reached Rs 1.38, indicating an increase in profitability and enhanced earnings for shareholders.
Despite these positive indicators, M K Exim (India) has experienced an adjustment in its evaluation, with the score reflecting a change from 11 to 7 over the past three months. This revision highlights the dynamic nature of the company's financial assessment.
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