Quess Corp Reports Strong Q4 Results Amid Declining Cash Reserves

Quess Corp, a midcap player in the miscellaneous industry, recently announced its financial results for the quarter ending December 2024. The company reported a notable performance in various financial metrics, with net sales reaching Rs 5,519.07 crore, marking the highest figure in the last five quarters. This upward trend in sales has been consistent over the past several quarters.
Operating profit also saw a peak at Rs 197.28 crore, reflecting a strong operational performance. Profit before tax (PBT) reached Rs 101.80 crore, demonstrating a year-on-year growth of 37.98%. Similarly, profit after tax (PAT) stood at Rs 101.74 crore, with a year-on-year increase of 21.5%. These figures indicate a positive trajectory in profitability for the company.

However, it is important to note that cash and cash equivalents have reached their lowest point in the last six half-yearly periods, suggesting a shift in short-term liquidity. This aspect may warrant further attention as the company navigates its financial landscape.

In light of these developments, Quess Corp has experienced an adjustment in its evaluation, with its score reflecting recent changes.

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