Aditya Vision's Q1 financial results show strong growth and efficient management

Jul 29 2024 05:47 PM IST
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Aditya Vision, a midcap retail company, has reported a positive financial performance for the quarter ending June 2024. The company has shown significant improvement in its score, highest sales and operating profit in the last five quarters. However, there are concerns regarding rising interest cost and falling operating cash flow.

Aditya Vision, a midcap retail company, has recently declared its financial results for the quarter ending June 2024. The company has shown a positive performance with a score of 14, a significant improvement from -5 in the last 3 months.

One of the key factors contributing to this positive performance is the company's ability to manage interest payments, with the Operating Profit to Interest ratio being the highest in the last five quarters at 12.54 times. This shows that Aditya Vision is improving its financial management and reducing its borrowing.

The company's Profit Before Tax less Other Income (PBT) has also shown a strong growth of 46.25% year on year, indicating a positive trend in the near term. Similarly, the Profit After Tax (PAT) has grown by 41.8% year on year, further highlighting the company's strong financial performance.

Aditya Vision's net sales for the quarter have also seen a significant increase, with the company reporting its highest sales in the last five quarters at Rs 888.78 crore. This is a growth of 38.61% year on year, indicating a positive trend in the near term.

The company's Operating Profit (PBDIT) has also been consistently high in the last five quarters, with the highest being Rs 85.13 crore. This shows that Aditya Vision is efficiently managing its operations and generating profits.

In terms of profitability, the company has also shown a positive trend with the highest Earnings per Share (EPS) of Rs 41.28 in the last five quarters. This indicates that Aditya Vision is creating higher earnings for its shareholders.

However, there are some areas that the company needs to work on, such as the rising interest cost, which has increased by 64.83% over the previous half-yearly period. Additionally, the company's Operating Cash Flow has been consistently falling in the last three years, which is a cause for concern.

Overall, Aditya Vision's financial results for the quarter ending June 2024 have been positive, with the company showing strong growth and efficient financial management. MarketsMOJO has also given a 'Buy' call for the company's stock, indicating a positive outlook for Aditya Vision in the near future.
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