Sofcom Systems Reports Improved Financial Results, Signaling Positive Performance Trends in December 2024

Feb 17 2025 06:05 PM IST
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Sofcom Systems has announced its financial results for the quarter ending December 2024, revealing a significant improvement in Profit After Tax, which reached Rs 0.29 crore. The Operating Profit and Profit Before Tax also hit their highest levels in five quarters, indicating notable performance enhancements for the company.
Sofcom Systems, a microcap company in the Finance/NBFC sector, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 15, 2025, indicate a notable shift in the company's evaluation, with its score rising to 5 from 4 over the past three months.

The financial data reveals that the Profit After Tax (PAT) for the half-year period has shown a significant improvement, reaching Rs 0.29 crore compared to a loss of Rs 0.03 crore in the previous twelve months. This marks a positive development as the company has already surpassed its PAT from the entire preceding year within just six months.

Additionally, the Operating Profit (PBDIT) for the most recent quarter stands at Rs 0.19 crore, representing the highest figure recorded in the last five quarters. Similarly, the Profit Before Tax less Other Income (PBT) has also reached Rs 0.19 crore, indicating a positive trend in the near term.

These results reflect a revision in the evaluation of Sofcom Systems, highlighting key areas of performance improvement.

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