Raj Television Network Reports Strong Sales Growth Amid Liquidity Challenges in December 2024 Results

Raj Television Network has recently reported its financial results for the quarter ending December 2024, revealing notable trends within its operations. The company, which operates in the TV Broadcasting & Software industry, has experienced a significant shift in its evaluation, with its score moving to 2 from -3 over the past three months.
The financial data indicates that Raj Television achieved net sales of Rs 42.72 crore for the quarter, reflecting a growth of 45.9% compared to the average net sales of Rs 29.28 crore over the previous four quarters. This marks the highest quarterly sales figure the company has recorded in the last five quarters, suggesting a positive near-term sales trend.

On the profitability front, the profit after tax (PAT) for the half-year period reached Rs 0.34 crore, a notable improvement from the preceding twelve-month period, which reported a PAT of Rs -16.33 crore. This indicates that the company has already surpassed its profit figures from the previous year within just half a year.

However, challenges remain, particularly in terms of liquidity, as cash and cash equivalents have reached their lowest point at Rs 0.33 crore over the last six half-yearly periods, indicating a decline in short-term liquidity.

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