SEL Manufacturing Company Reports Mixed Financial Results Amid Significant Sales Decline in December 2024

SEL Manufacturing Company has recently reported its financial results for the quarter ending December 2024, revealing notable trends within its performance metrics. The company's evaluation has undergone an adjustment, with its score reflecting a shift from -14 to -16 over the past three months.
In terms of earnings, SEL Mfg. Co achieved its highest quarterly earnings per share (EPS) in the last five quarters, recorded at Rs -4.83. This indicates a focus on enhancing profitability, as the company has managed to generate higher earnings for its shareholders despite the overall challenges.

Conversely, the financial results also highlight significant concerns. The company's net sales for the half-yearly period stood at Rs 9.41 crore, demonstrating a substantial decline of 91.28% year on year. Similarly, the profit after tax (PAT) for the same period was reported at Rs -86.54 crore, reflecting an identical year-on-year decrease of 91.28%. These figures suggest a challenging near-term sales and profitability landscape for SEL Mfg. Co.

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