Nexus Surgical Reports Stable Q3 FY24-25 Results with Improved Profitability Trends

Jan 22 2025 09:45 AM IST
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Nexus Surgical and Medicare has announced its financial results for the third quarter of FY24-25, showing stable performance. The company reported a half-yearly Profit After Tax of Rs 0.32 crore, surpassing the previous year's figure of Rs 0.28 crore, indicating a positive trend in profitability.
Nexus Surgical and Medicare, a microcap company operating in the finance and non-banking financial company (NBFC) sector, has released its financial results for the third quarter of FY24-25 on January 21, 2025. The results indicate a stable performance during this period, accompanied by an adjustment in evaluation, with the score shifting from 5 to 3 over the last three months.

In terms of profitability, Nexus Surgical has reported a half-yearly Profit After Tax (PAT) of Rs 0.32 crore, which exceeds the PAT of Rs 0.28 crore from the previous twelve-month period ending December 2024. This achievement suggests a positive trend in profitability, as the company has surpassed its PAT from the previous year within just the first half of the current fiscal year.

While the latest quarter reflects a stable performance, the increase in PAT points to a favorable development in profitability for Nexus Surgical.

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