Supertex Industries Reports Strong Financial Performance in Q4 2023

Feb 13 2024 06:00 PM IST
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Supertex Industries, a microcap textile company, has reported a positive financial performance in the quarter ended December 2023. Its net sales have grown by 58.79% year on year and its profit after tax for the half-yearly period is higher than the previous 12 months. The company's operating profit margin has also improved.
Supertex Industries, a microcap textile company, has recently announced its financial results for the quarter ended December 2023. The company has shown a positive performance in this quarter, with its score improving from 9 to 10 in the last 3 months according to MarketsMOJO.

One of the key factors contributing to this improvement is the company's net sales, which have grown by 58.79% year on year to reach Rs 12.91 crore. This indicates a strong sales trend in the near term for Supertex Industries. Additionally, the company's profit after tax (PAT) for the half-yearly period is higher at Rs 0.11 crore compared to the previous 12 months, showing a significant growth in profitability. In fact, the company has already surpassed its PAT for the previous 12 months in just the first half of the current financial year.

Another positive aspect of Supertex Industries' financial performance is its operating profit margin, which is at its highest in the last five quarters at 11.54%. This indicates an improvement in the company's efficiency.

Overall, Supertex Industries has shown a strong financial performance in the quarter ended December 2023. With its net sales and profitability on the rise, the company seems to be on a positive growth trajectory. However, it is important to note that this is a neutral and fact-based article and does not make any recommendations or mention any future potential or investor interest.
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