Starcom Information Technology Reports Improved Financial Metrics in December 2024 Results

Feb 17 2025 02:59 PM IST
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Starcom Information Technology announced its financial results for the quarter ending December 2024 on February 14, 2025. The company reported improvements in key metrics, including operating profit, profit before tax, and profit after tax, alongside a rise in earnings per share, reflecting a positive trend in its financial performance.
Starcom Information Technology has recently reported its financial results for the quarter ending December 2024, with the announcement made on February 14, 2025. The company, operating within the IT software sector as a microcap entity, has experienced notable developments in its financial metrics.

The operating profit for the quarter reached Rs -0.59 crore, marking the highest figure in the last five quarters. Similarly, profit before tax less other income stood at Rs -0.82 crore, also the highest in the same timeframe. Profit after tax recorded Rs -0.67 crore, reflecting a positive trend as well. Additionally, earnings per share improved to Rs -1.34, indicating a rise in profitability and enhanced earnings for shareholders.

In light of these results, Starcom Information Technology has undergone an adjustment in its evaluation, with its score rising to 4 from 0 over the past three months. This revision highlights the company's recent performance trajectory and the underlying trends observed in its financials.

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