Updater Services Reports Record Operating Profit and Sales Growth for December Quarter

Jan 28 2025 09:33 AM IST
share
Share Via
Updater Services has announced its financial results for the quarter ending December 2024, highlighting record operating profit and profit before tax. Net sales reached Rs 694.89 crore, with an improved operating profit margin. Profit after tax also saw a significant increase, reflecting strong overall performance despite a slight adjustment in company evaluation.
Updater Services has reported its financial results for the quarter ending December 2024, showcasing a range of positive metrics. The company achieved its highest operating profit of Rs 46.22 crore, marking a consistent upward trend over the last five quarters. Similarly, profit before tax, excluding other income, reached Rs 32.17 crore, also the highest in this period, reflecting a robust near-term trend.

Net sales for Updater Services hit Rs 694.89 crore, indicating a strong performance in sales. The operating profit margin improved to 6.65%, suggesting enhanced efficiency within the company. Additionally, profit after tax reached Rs 30.88 crore, which is a significant increase compared to the average of the previous four quarters. This growth in profit after tax represents a notable rise of 23.3%.

Despite these positive indicators, the overall evaluation of Updater Services has seen an adjustment, with the score shifting to 19 from 20 over the last three months. This revision in its score reflects a nuanced assessment of the company's performance in the context of its recent financial results.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News