Sangam Finserv Reports Strong Q3 Results, Signaling Positive Financial Momentum
Sangam Finserv has announced its financial results for the quarter ending December 2024, revealing significant year-on-year growth in key metrics. The company reported a profit before tax of Rs 4.70 crore and a profit after tax of Rs 3.62 crore, both marking the highest figures in five quarters.
Sangam Finserv, a microcap player in the finance and non-banking financial company (NBFC) sector, has reported its financial results for the quarter ending December 2024. The results, announced on February 8, 2025, indicate a notable shift in the company's evaluation, with its score reflecting a significant adjustment over the past three months.The financial data reveals that Sangam Finserv achieved a profit before tax less other income (PBT) of Rs 4.70 crore, marking a year-on-year growth of 62.63%. This figure represents the highest PBT recorded in the last five quarters, suggesting a robust near-term trend. Similarly, the profit after tax (PAT) reached Rs 3.62 crore, with a year-on-year increase of 67.6%, also the highest in the past five quarters. The operating profit (PBDIT) stood at Rs 5.28 crore, further underscoring the positive trajectory in the company's financial performance.
Overall, the recent financial results for Sangam Finserv highlight a favorable trend in key performance metrics, leading to a revision in its score.
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