Narmada Agrobase Reports Significant Profit Growth and Evaluation Shift in February 2025

Feb 14 2025 11:04 AM IST
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Narmada Agrobase has announced its financial results for the quarter ending December 2024, revealing a substantial increase in Profit After Tax (PAT) to Rs 2.29 crore for the half-year, reflecting a year-on-year growth of 663.33%. This indicates a strong upward trend in the company's profitability.
Narmada Agrobase, a microcap player in the agriculture sector, has recently reported its financial results for the quarter ending December 2024. The results, announced on February 13, 2025, indicate a notable shift in the company's evaluation, with its score adjusting to 11 from 23 over the past three months.

The financial data reveals a significant growth in Profit After Tax (PAT), which reached Rs 2.29 crore for the half-year period. This marks an impressive year-on-year growth of 663.33%. Additionally, the PAT for this half-year period surpasses the Rs 1.93 crore recorded in the preceding twelve months, highlighting a strong upward trend in profitability.

These developments suggest a positive trajectory for Narmada Agrobase, reflecting its operational performance in the agriculture industry. The recent evaluation changes underscore the dynamic nature of the company's financial standing.

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