NTC Industries Reports Strong Q4 Growth Amid Rising Debt and Interest Expenses

NTC Industries has reported its financial results for the quarter ending December 2024, showcasing notable developments in its performance metrics. The company has experienced a significant adjustment in its evaluation, with its score reflecting a positive shift from -12 to 6 over the past three months.
In terms of financial highlights, NTC Industries reported net sales of Rs 13.43 crore, marking a year-on-year growth of 82.72%. The profit before tax (PBT) also demonstrated strong performance, reaching Rs 1.00 crore, which represents a year-on-year increase of 137.17%. Furthermore, the profit after tax (PAT) surged to Rs 2.34 crore, reflecting an impressive growth of 416.2% compared to the previous year. The operating profit reached its highest level at Rs 3.24 crore, indicating a consistent upward trend over the last five quarters.

However, challenges remain for NTC Industries. The operating profit to interest ratio has declined to its lowest point at 1.75 times, suggesting difficulties in managing interest payments. Additionally, the company has seen a rise in interest expenses, which have increased by 34.06% quarter on quarter, indicating higher borrowing levels. The debt-equity ratio has also reached its highest level in recent periods, raising concerns about the company's liquidity.

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