TechNVision Ventures Reports Strong Sales Growth Amid Profitability Challenges in December 2024 Results

TechNVision Ventures, a small-cap player in the BPO/ITeS industry, has released its financial results for the quarter ending December 2024, with the announcement made on February 14, 2025. The company has experienced a stable financial performance during this period, reflected in a revision in its score from 1 to 2 over the last three months.
The financial data reveals that TechNVision Ventures achieved its highest quarterly net sales in the last five quarters, reaching Rs 80.96 crore, which represents a year-on-year growth of 35.38%. This positive sales trend indicates a robust demand for the company's services. Additionally, the company reported its highest cash and cash equivalents in the last six half-yearly periods at Rs 46.59 crore, suggesting an improvement in short-term liquidity. Furthermore, the debtors turnover ratio has also reached a peak of 4.53 times, indicating efficient management of receivables.

However, the results also highlight challenges, particularly in profitability metrics. Profit Before Tax (PBT) and Profit After Tax (PAT) have both shown significant declines year-on-year, with PBT at Rs 0.71 crore and PAT at Rs 1.36 crore, reflecting a negative trend in profitability.

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