Ansal Properties & Infrastructure Announces Q2 Financial Results: Mixed Performance with Positive Sales Trend

Nov 27 2024 04:50 PM IST
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Ansal Properties & Infrastructure, a microcap company in the construction and real estate industry, has announced its financial results for the quarter ending September 2024. While net sales have shown a positive trend, the company's profit and operating efficiency have declined, resulting in a 'Strong Sell' rating by MarketsMojo. Investors should carefully evaluate these factors before making any investment decisions.

Ansal Properties & Infrastructure, a microcap company in the construction and real estate industry, recently announced its financial results for the quarter ending September 2024. The results have been declared on November 26, 2024.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Ansal Properties is currently 'Strong Sell'. This is based on the negative financial performance of the company in the second quarter of the fiscal year 2024-25. The score has remained the same in the last three months.

However, there are some positive aspects to Ansal Properties' financials for the quarter. The net sales have grown by 64.1% to Rs 226.62 crore, compared to the average net sales of the previous four quarters which was Rs 138.13 crore. This indicates a very positive sales trend in the near term. Additionally, the net sales for the quarter are the highest in the last five quarters, further highlighting the positive sales trend.

On the other hand, there are some areas where Ansal Properties has not performed well in the quarter. The profit before tax less other income (PBT) has fallen by -2120.1% to Rs -291.55 crore, compared to the average PBT of the previous four quarters which was Rs -13.13 crore. This indicates a very negative trend in the near term. Similarly, the profit after tax (PAT) has also fallen by -2989.0% to Rs -289.13 crore, compared to the average PAT of the previous four quarters which was Rs -9.36 crore. The company's ability to manage interest payments has also deteriorated, with the operating profit to interest ratio being the lowest at -101.69 times in the last five quarters.

The operating profit (PBDIT) for the quarter is also the lowest at Rs -279.64 crore, indicating a negative trend in the near term. The operating profit margin is also the lowest at -123.40% in the last five quarters, showing a decline in the company's efficiency. The PBT less other income is also the lowest at Rs -291.55 crore in the last five quarters, further highlighting the negative trend in the near term. The earnings per share (EPS) for the quarter is also the lowest at Rs -18.37, indicating a decline in profitability and lower earnings for shareholders.

Overall, Ansal Properties & Infrastructure has seen a mix of positive and negative trends in its financial performance for the quarter ending September 2024. Investors should carefully consider these factors before making any investment decisions.
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