Rishiroop Reports Mixed Financial Results for Q4 2024 Amid Operational Challenges

Rishiroop, a microcap company in the rubber products industry, has recently reported its financial results for the quarter ending December 2024. The evaluation changes reflect a notable shift in the company's financial performance, with the score experiencing a significant adjustment.
The financial data indicates that Rishiroop has achieved its highest Debtors Turnover Ratio in the last five half-yearly periods, recorded at 8.02 times, suggesting improved efficiency in settling debts. However, several key metrics reveal challenges for the company. Profit Before Tax less Other Income (PBT) has shown a substantial decline, with the latest figure at Rs 0.52 crore, which is considerably lower than the average of the previous four quarters. Similarly, Profit After Tax (PAT) has turned negative, reported at Rs -2.51 crore, marking a significant drop from the prior average.

Net Sales have also reached their lowest point in the last five quarters at Rs 17.03 crore, indicating a downward trend in revenue generation. Operating Profit and Operating Profit Margin have similarly declined, reflecting a deterioration in operational efficiency. The Earnings per Share (EPS) has also fallen to Rs -2.74, highlighting a challenging period for shareholder returns.

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