Stratmont Industries Reports Flat Q3 FY24-25 Results Amid Mixed Financial Performance
Stratmont Industries has announced its financial results for the quarter ending December 2024, showing a flat performance. The company reported a profit after tax of Rs 0.90 crore for the nine-month period, exceeding the previous year's figures, while facing challenges with a year-on-year decline in net sales and earnings per share.
Stratmont Industries, a microcap player in the trading industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a flat financial performance for Q3 FY24-25, with notable evaluation changes reflected in its score, which has adjusted to 2 from 10 over the past three months.On a positive note, the company reported a profit after tax (PAT) of Rs 0.90 crore for the nine-month period, surpassing the Rs 0.76 crore recorded in the previous twelve months. This suggests that Stratmont Industries has managed to exceed its prior sales figures within the same timeframe.
However, challenges remain evident in the financial landscape. The net sales for the quarter stood at Rs 22.00 crore, showing a year-on-year decline of 27.10%. Additionally, the earnings per share (EPS) reached its lowest point in the last five quarters at Rs 0.04, indicating a trend of declining profitability and reduced earnings for shareholders.
Overall, Stratmont Industries is navigating a complex financial environment, with both positive developments and significant hurdles to address.
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