H D I L Announces Flat Q4 Results, But Shows Signs of Improvement

Aug 14 2024 09:28 PM IST
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H D I L, a microcap real estate company, reported flat performance for the quarter ending March 2024. However, its score has improved from 0 to 2 in the last three months, with the highest EPS in five quarters and a strong debtors turnover ratio. Investors should monitor future performance.
Housing Development & Infrastructure (H D I L), a microcap real estate company, recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Strong Sell' rating by MarketsMOJO.

According to the financial report, H D I L's performance for the quarter was flat. However, there has been an improvement in the company's score, which has increased from 0 to 2 in the last three months.

One of the key factors contributing to this improvement is the company's earnings per share (EPS) for the quarter, which was the highest at Rs -0.03 in the last five quarters. This indicates an increase in profitability and the company's ability to generate higher earnings for its shareholders.

Another positive aspect of H D I L's financials is its debtors turnover ratio for the half-yearly period, which was the highest at 0.01 times in the last five periods. This shows that the company has been able to settle its debtors at a faster rate.

Overall, H D I L's financial results for the quarter ending March 2024 may not have been impressive, but there are some positive signs of improvement. Investors should keep an eye on the company's future performance to make informed decisions.
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