Are Handson Global latest results good or bad?
HOV Services reported strong financial results for the quarter ending June 2025, with significant increases in net sales, profit before tax, and earnings per share, marking the highest figures in the last five quarters. However, the Debtors Turnover Ratio declined, indicating slower debt collection.
HOV Services has reported its financial results for the quarter ending June 2025, showcasing notable growth across several key metrics. The company achieved net sales of Rs 13.61 crore, reflecting a significant increase compared to the average of the previous four quarters. This quarter's net sales represent the highest figure recorded in the last five quarters.Profit Before Tax (PBT), excluding other income, rose to Rs 1.88 crore, indicating substantial growth over the previous four-quarter average. Additionally, Operating Profit (PBDIT) reached Rs 2.38 crore, marking the highest level in the last five quarters as well. Profit After Tax (PAT) also peaked at Rs 1.73 crore, leading to an Earnings per Share (EPS) of Rs 1.37, which is the highest in the same timeframe.
However, it is noteworthy that the Debtors Turnover Ratio has declined to 1.47 times, suggesting a slower pace in settling debts. Overall, HOV Services has demonstrated a positive financial performance this quarter, and the company saw an adjustment in its evaluation.
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