STL Global Reports Strong Q3 FY24-25 Results with Highest Sales in Five Quarters
STL Global has announced its financial results for Q3 FY24-25, showcasing a strong performance with the highest quarterly net sales in five quarters at Rs 35.07 crore, a 36.78% year-on-year increase. The company also reported its highest operating profit and earnings per share during this period.
STL Global, a microcap player in the textile industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable performance for Q3 FY24-25, with the company's score reflecting a significant adjustment in evaluation, moving to 10 from 4 over the past three months.The financial data reveals that STL Global achieved its highest quarterly net sales in the last five quarters, reaching Rs 35.07 crore, which represents a year-on-year growth of 36.78%. This positive trend in sales is complemented by an operating profit of Rs 0.61 crore, also the highest in the same timeframe. Furthermore, the profit before tax, excluding other income, and profit after tax both stood at Rs 0.12 crore, marking the peak for the last five quarters. The earnings per share have also reached Rs 0.04, indicating an increase in profitability and enhanced earnings for shareholders.
Overall, STL Global's recent financial results highlight a series of positive developments, contributing to the revision in its score.
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