Soni Medicare Reports Strong Sales Growth and Profit Recovery in December 2024 Results

Feb 17 2025 06:02 PM IST
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Soni Medicare has reported its financial results for the quarter ending December 2024, revealing net sales of Rs 16.38 crore, a year-on-year growth of 20.18%. The company also achieved a Profit After Tax of Rs 0.34 crore, a significant turnaround from a loss of Rs 2.64 crore last year.
Soni Medicare, operating within the Hospital & Healthcare Services sector, has recently reported its financial results for the quarter ending December 2024. The results, announced on February 14, 2025, indicate a notable shift in the company's evaluation, with its score adjusting from 6 to 4 over the past three months.

The financial data reveals that Soni Medicare achieved net sales of Rs 16.38 crore for the half-year period, reflecting a year-on-year growth of 20.18%. This positive trend in sales suggests a strengthening in the company's revenue generation capabilities. Additionally, the Profit After Tax (PAT) for the same period stands at Rs 0.34 crore, a significant improvement compared to the loss of Rs 2.64 crore recorded in the preceding twelve months. This marks a pivotal moment as the company has already surpassed its PAT from the previous year within just half a year.

Overall, Soni Medicare's recent financial results highlight a mix of developments that have led to an adjustment in its evaluation.

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