Pix Transmission Reports Strong PAT Growth and Improved Liquidity in February 2025 Results

Feb 14 2025 09:21 PM IST
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Pix Transmission has announced its financial results for the quarter ending December 2024, revealing a significant increase in Profit After Tax to Rs 62.78 crore, up 46.96% year-on-year. The company also reported its highest cash and cash equivalents in recent periods, indicating improved liquidity and financial stability.
Pix Transmission, a small-cap player in the rubber products industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 14, 2025, indicate a notable shift in the company's evaluation, with its score adjusting to 10 from 28 over the past three months.

The financial data reveals a significant growth in Profit After Tax (PAT), which reached Rs 62.78 crore, reflecting a year-on-year increase of 46.96%. This positive trend in PAT suggests a robust performance in the near term. Additionally, the company has reported its highest cash and cash equivalents in the last six half-yearly periods, totaling Rs 68.95 crore, indicating an improvement in short-term liquidity.

These developments highlight the underlying strengths within Pix Transmission's financial framework, showcasing its capacity for growth and stability in a competitive market.

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