Atal Realtech Reports Strong Financial Performance in Q1 FY25, Despite 'Sell' Call from MarketsMOJO

Atal Realtech, a microcap company in the capital goods industry, has recently announced its financial results for the quarter ending March 2024. The results have been declared on August 14, 2024 and have received a ‘Sell’ call from MarketsMOJO.

Despite the negative sentiment from MarketsMOJO, Atal Realtech has shown positive financial performance in the quarter. The company’s score has improved from -2 to 7 in the last three months, indicating a significant improvement in its financials.

One of the key factors contributing to this positive performance is the growth in Profit Before Tax less Other Income (PBT) for the quarter. At Rs 1.91 crore, PBT has grown by 229.3% compared to the average PBT of the previous four quarters, which was Rs 0.58 crore. This trend is expected to continue in the near term.

Another positive aspect for Atal Realtech is its Operating Profit (PBDIT) for the quarter, which is the highest in the last five quarters at Rs 2.66 crore. The company has also shown a positive trend in its PBT and Profit After Tax (PAT) for the quarter, with both being the highest in the last five quarters. This indicates a strong financial performance and increasing profitability for the company.

Furthermore, Atal Realtech has also shown an increase in its Earnings per Share (EPS) for the quarter, which is the highest in the last five quarters at Rs 0.17. This shows that the company has created higher earnings for its shareholders.

Overall, Atal Realtech has shown a positive financial performance in the quarter ending March 2024, with strong growth in key financial indicators. This is a promising sign for the company and its shareholders.