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