Are Impex Ferro Tech latest results good or bad?
Impex Ferro Tech's latest results are concerning, showing a Profit After Tax of Rs -3.53 crore, a decline from the previous average, and significant losses in operating profit and standalone net profit, indicating ongoing challenges in profitability and performance.
Impex Ferro Tech has released its financial results for the quarter ending December 2023. The company's performance has shown a flat trend compared to the previous quarter, with a noted adjustment in its evaluation. In terms of financial metrics, the company's Profit After Tax (PAT) for the quarter was reported at Rs -3.53 crore, which represents a decline compared to the average PAT of the previous four quarters at Rs -3.22 crore. This indicates a negative trend in profitability for Impex Ferro Tech in the near term.
Looking at the quarterly results, the net sales for December 2023 were Rs 24.47 crore, reflecting a minimal change of 0.55%. However, the operating profit (PBDIT) was reported at Rs -30.15 crore, indicating a significant negative trend. The standalone net profit also showed a considerable decline, with a reported figure of Rs -20.46 crore.
Overall, the financial data suggests challenges in profitability and operational performance for Impex Ferro Tech during this period, and investors may want to consider these factors carefully.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
