Hindusthan Urban Infra's Q4 2024 Financial Results Show Mixed Performance

Hindusthan Urban Infrastructure, a microcap company in the cable industry, recently announced its financial results for the quarter ending March 2024. The results have been declared on May 28, 2024 and have received a 'Strong Sell' call from MarketsMOJO.

According to the financials, Hindusthan Urban Infra has seen a negative performance in the quarter, with a score of -8 compared to 0 in the previous quarter. However, there are some positive aspects to the company's performance. The net sales for the quarter were the highest in the last five quarters, at Rs 160.72 crore, and the near-term sales trend is positive.

On the other hand, there are some areas where Hindusthan Urban Infra needs to improve. The Profit Before Tax less Other Income (PBT) for the quarter has fallen by 42.21% year on year, at Rs -19.81 crore. The near-term trend for PBT is also very negative. The company's ability to manage interest payments has deteriorated, with the Operating Profit to Interest ratio being the lowest in the last five quarters. The interest cost has also increased by 13.20% quarter on quarter, indicating increased borrowings.

The Operating Profit (PBDIT) for the quarter was the lowest in the last five quarters, at Rs -1.44 crore. The Operating Profit Margin was also the lowest in the last five quarters, at -0.90%, showing a decline in the company's efficiency. The Profit Before Tax less Other Income (PBT) was also the lowest in the last five quarters, at Rs -19.81 crore, and the near-term trend for PBT is negative.

Overall, Hindusthan Urban Infrastructure's financial performance for the quarter ending March 2024 has been negative, with some areas of improvement and some areas that need attention. Investors should carefully consider these factors before making any investment decisions.