Shish Industries Reports Mixed Q3 FY24-25 Results Amid Significant Growth in Sales and Profit

Jan 25 2025 09:46 PM IST
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Shish Industries has announced its financial results for the quarter ending December 2024, showcasing significant growth in profit before tax and net sales compared to the previous year. However, the earnings per share reached a low point, indicating mixed performance across various financial metrics.
Shish Industries, a microcap player in the plastic products industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable shift in the company's evaluation, with its score reflecting a significant adjustment over the past three months.

The financial performance for Q3 FY24-25 shows a profit before tax (PBT) of Rs 3.14 crore, marking a year-on-year growth of 145.31%. This positive trend is mirrored in net sales, which reached Rs 35.04 crore, representing a year-on-year increase of 43.96%. Additionally, the profit after tax (PAT) for the nine-month period stands at Rs 6.36 crore, up by 28.74% year-on-year. The operating profit also reached its highest level in the last five quarters at Rs 4.98 crore.

However, not all metrics reflect this positive trajectory. The earnings per share (EPS) for the quarter is reported at Rs 0.05, the lowest in the last five quarters, indicating challenges in profitability for shareholders.

Overall, Shish Industries has experienced a revision in its score, reflecting the mixed performance across various financial metrics.

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