Purple Finance Reports 118.58% Growth in Half-Yearly Sales for FY24-25

Jan 21 2025 11:03 AM IST
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Purple Finance has announced its financial results for the third quarter of FY24-25, revealing net sales of Rs 6.47 crore for the half-year, marking a year-on-year growth of 118.58%. This performance highlights the company's strong sales trend and potential within the microcap finance sector.
Purple Finance, a microcap company in the finance and non-banking financial company (NBFC) sector, has reported its financial results for the third quarter of FY24-25, announced on January 19, 2025. The results indicate a notable adjustment in its evaluation, reflecting a significant shift in its performance score.

The company achieved net sales of Rs 6.47 crore for the half-yearly period, showcasing a year-on-year growth of 118.58%. This growth illustrates a strong sales trend, as the current half-year sales have already exceeded the total sales of Rs 6.39 crore from the previous twelve-month period ending December 2024.

While the financial indicators present a positive outlook, there has been a revision in its score, acknowledging the shifts in assessment. Purple Finance's recent performance underscores its potential as a significant player in the microcap finance sector.

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