Sree Rayalaseema Hi-Strength Hypo Reports Mixed Financial Results Amid Liquidity Improvement in December 2024

Sree Rayalaseema Hi-Strength Hypo has recently reported its financial results for the quarter ending December 2024, revealing notable trends within its operations. The company has experienced a decline in its overall score, reflecting a shift in evaluation over the past three months.
On a positive note, Sree Rayalaseema Hi-Strength Hypo has achieved its highest cash and cash equivalents in the last six half-yearly periods, totaling Rs 371.27 crore, indicating an improvement in short-term liquidity. However, several challenges are evident in the financial performance. The net sales for the quarter stood at Rs 138.47 crore, marking a significant reduction compared to the average of the previous four quarters. Similarly, profit before tax less other income (PBT) also showed a decline, recorded at Rs 17.60 crore, which is the lowest in the last five quarters.

Additionally, the company's non-operating income has reached a high percentage of its profit before tax, raising concerns about the sustainability of its business model. The debtors turnover ratio has also hit a low, suggesting a slowdown in the pace of settling debts.

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