Sterling Powergensys Reports Significant Sales Growth Amid Ongoing Profitability Challenges in December 2024

Sterling Powergensys, a microcap company in the engineering sector, has recently reported its financial results for the quarter ending December 2024. The evaluation changes indicate a notable shift in the company's score, which has adjusted from 9 to 3 over the past three months.
The financial data reveals some positive trends for Sterling Powergensys. The net sales for the nine-month period reached Rs 11.81 crore, reflecting a substantial year-on-year growth of 2,360.42%. This growth trajectory suggests a strong sales performance, as the company has already surpassed its total sales from the previous twelve-month period, which stood at Rs 6.89 crore. Additionally, the debtors turnover ratio has improved, recorded at 1.51 times, indicating that the company is settling its debts more efficiently.

Conversely, there are areas of concern highlighted in the financial results. The profit after tax (PAT) has reached its lowest point at Rs -0.09 crore, continuing a downward trend over the last five quarters. Similarly, earnings per share (EPS) have also declined, now at Rs -0.17, reflecting reduced profitability for shareholders. Furthermore, cash and cash equivalents have diminished to Rs 0.01 crore, signaling a deterioration in short-term liquidity.

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