Meyer Apparel Reports Highest Profit Metrics in Five Quarters for Q3 FY24-25
Meyer Apparel announced its financial results for the quarter ending December 2024, showcasing stable performance. The company achieved its highest Profit Before Tax and Profit After Tax in five quarters, alongside an improved Earnings per Share, indicating positive trends in profitability despite recent evaluation adjustments.
Meyer Apparel, a microcap player in the textile industry, recently announced its financial results for the quarter ending December 2024. The report, released on February 10, 2025, indicates a stable financial performance for Q3 FY24-25, with the company's score experiencing an adjustment in evaluation, moving from 7 to 3 over the past three months.The financial data reveals that Meyer Apparel achieved its highest Profit Before Tax (PBT) in the last five quarters, recorded at Rs -0.28 crore. This suggests a positive near-term trend in PBT. Similarly, the Profit After Tax (PAT) also reached its peak at Rs -0.27 crore during the same period, indicating a favorable trajectory in profitability. Furthermore, the Earnings per Share (EPS) stood at Rs -0.03, marking the highest level in the last five quarters, which reflects an increase in profitability and enhanced earnings for shareholders.
Overall, Meyer Apparel's recent financial results highlight notable achievements in key metrics, despite the recent evaluation changes.
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