Sanstar Limited — Important, 25-02-2025: Updates
Sanstar Limited has announced a board meeting to discuss the unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported total income of ₹21,767.81 Lacs with a net profit of ₹1,426.05 Lacs for the quarter, showing a significant increase compared to the previous quarter's net profit of ₹751.40 Lacs. Over the nine-month period, total income amounted to ₹70,845.96 Lacs, leading to a net profit of ₹3,828.16 Lacs. The basic and diluted earnings per share for the quarter stood at ₹0.78, reflecting strong performance despite operating in a single segment of starch manufacturing. The results were subject to a limited review, and no qualifications were raised by the auditors, indicating solid financial health. Looking ahead, Sanstar appears well-positioned for growth, and investors may find a positive outlook based on these results.
