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Philips India Reports Significant Growth in December 2024 Financials

Publish Date : 03 Apr 2025

Philips India reported consolidated net sales of ₹33.37 crore for December 2024, marking a 120.55% increase from ₹15.13 crore in December 2023.

Substantial Rise in Net Profit

The company's net profit for December 2024 stood at ₹3.12 crore, a 277.81% rise compared to ₹0.83 crore in the same month of the previous year.

EBITDA Growth

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) reached ₹4.47 crore in December 2024, up 105.05% from ₹2.18 crore in December 2023.

Earnings Per Share Improvement

The Earnings Per Share (EPS) increased to ₹1.94 in December 2024 from ₹0.65 in December 2023.

Quarterly Comparisons

In comparison to the previous quarter (September 2024), net sales decreased from ₹54.93 crore to ₹33.37 crore, and net profit declined from ₹3.89 crore to ₹3.12 crore.

Source: https://www.moneycontrol.com/news/business/earnings/philips-india-consolidated-december-2024-net-sales-at-rs-33-37-crore-up-120-55-y-o-y-12967684.html

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