Avadh Sugar & Energy's Q1 Financial Results Show Negative Performance
Avadh Sugar & Energy, a smallcap company in the sugar industry, reported negative financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMojo, with a decline in net sales by 26.76% and profit before tax by 23.57% year on year. The increase in interest costs is also a concern for the company's financial stability.
Avadh Sugar & Energy, a smallcap company in the sugar industry, recently declared its financial results for the quarter ending March 2024. According to the latest report, the company's stock has been given a 'Sell' call by MarketsMOJO.
The financial performance of Avadh Sugar for the quarter has been negative, with a score of -12 compared to 10 in the previous quarter. This decline can be attributed to various factors, including a decrease in net sales by 26.76% year on year and a decrease in profit before tax (PBT) by 23.57% year on year. The profit after tax (PAT) has also seen a decline of 30.1% year on year.
One of the major concerns for Avadh Sugar is the increase in interest costs, which has grown by 88.30% quarter on quarter. This indicates that the company has taken on more borrowings, which could impact its financial stability.
Overall, the financial results for the quarter ending March 2024 have not been favorable for Avadh Sugar & Energy. Investors should carefully consider these factors before making any investment decisions.
{{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
