Mercury EV-Tech Reports Strong Financial Results, Highlighting Significant Growth in Key Metrics for December 2024
Mercury EV-Tech has announced its financial results for the quarter ending December 2024, highlighting significant growth in net sales, profit before tax, and profit after tax. The company achieved its highest sales and profit figures in five quarters, alongside an improved operating profit margin, indicating strong overall performance.
Mercury EV-Tech has recently reported its financial results for the quarter ending December 2024, showcasing a notable performance in various metrics. The company, operating in the trading industry as a small-cap entity, has experienced a significant adjustment in its evaluation, with its score rising to 35 from 23 over the past three months.The quarterly net sales reached Rs 35.60 crore, reflecting a substantial growth compared to the average net sales of the previous four quarters, which stood at Rs 6.26 crore. This marks the highest sales figure recorded in the last five quarters, indicating a positive near-term sales trend.
Profit Before Tax less Other Income (PBT) also saw a remarkable increase, reported at Rs 5.60 crore, which is the highest in the last five quarters and significantly above the average PBT of Rs 0.87 crore from the previous four quarters. Similarly, Profit After Tax (PAT) reached Rs 4.28 crore, again the highest in the last five quarters, showcasing a strong performance compared to the average PAT of Rs 0.71 crore.
Additionally, the operating profit margin improved to 17.05%, reflecting enhanced efficiency within the company. Overall, Mercury EV-Tech's recent financial results indicate a robust performance across key metrics.
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