Salasar Techno Engineering Reports Mixed Financial Results Amidst Growth in Sales and Efficiency Metrics

Salasar Techno Engineering has recently reported its financial results for the quarter ending December 2024, revealing a mixed performance landscape. The company has experienced a notable adjustment in its evaluation, with its score shifting from -5 to -4 over the past three months.
On the positive side, Salasar Techno has achieved its highest Debtors Turnover Ratio at 3.86 times, indicating an efficient collection process as the company has been able to settle its debtors more swiftly. Additionally, net sales reached Rs 375.18 crore, marking a year-on-year growth of 23.46%, suggesting a favorable near-term sales trend. The company has also managed to lower its Debt-Equity Ratio to 0.53 times, reflecting a reduction in borrowing relative to its equity capital.

Conversely, challenges persist as the Profit Before Tax (PBT) has seen a decline of 31.45% year-on-year, while Profit After Tax (PAT) has fallen by 28.0% in the same period. Furthermore, the Inventory Turnover Ratio has decreased to 3.17 times, indicating a slowdown in the pace of inventory sales. The interest expense has risen to Rs 13.08 crore, highlighting increased borrowing costs.

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