CIAN Agro's Financial Results Show Decline in Sales and Profit, Experts Express Concern
CIAN Agro Industries & Infrastructure, a microcap company in the solvent extraction industry, reported a flat performance in the last quarter with a score of 0, compared to -7 in the previous quarter. However, a decline in net sales by 23.84% and profit after tax by 64.3% raise concerns for investors. Careful analysis is advised before making any investment decisions.
CIAN Agro Industries & Infrastructure, a microcap company in the solvent extraction industry, recently announced its financial results for the quarter ending June 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.
According to the financial report, CIAN Agro's performance has remained flat in the last quarter, with a score of 0 compared to -7 in the previous three months. However, there are some concerning factors that have contributed to this score.
One of the major issues is the decline in net sales, which have fallen by 23.84% year on year to Rs 17.47 crore. This is the lowest net sales figure in the last five quarters, indicating a negative trend in the company's sales. Similarly, the profit after tax (PAT) has also decreased by 64.3% year on year to Rs 0.10 crore, further highlighting the negative trend in the company's financials.
Experts suggest that these financial results are not in line with the company's potential and may be a cause for concern for investors. However, CIAN Agro has not made any official statements regarding these results or the 'Sell' call by MarketsMOJO.
It is important for investors to carefully analyze the financial performance of CIAN Agro before making any investment decisions. The company's future potential and investor interest should not be the sole factors considered, and a fact-based approach is recommended.
{{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
