HOV Services Reports Strong Q4 Results, Signaling Positive Financial Trends

Feb 10 2025 01:02 PM IST
share
Share Via
HOV Services has announced its financial results for the quarter ending December 2024, showcasing significant growth in net sales and profit after tax. The company achieved net sales of Rs 5.80 crore and a profit after tax of Rs 1.32 crore, both representing the highest figures in five quarters.
HOV Services, a microcap player in the IT software industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable shift in the company's financial landscape, with a revision in its score reflecting these changes.

The company achieved net sales of Rs 5.80 crore, marking a significant growth compared to the average net sales of Rs 2.79 crore over the previous four quarters. This quarter's sales figure is the highest recorded in the last five quarters, suggesting a robust near-term sales trend.

Additionally, HOV Services reported a profit after tax (PAT) of Rs 1.32 crore, which is also the highest in the last five quarters, indicating a favorable trend in profitability. The earnings per share (EPS) reached Rs 1.05, further demonstrating the company's ability to generate higher earnings for its shareholders.

Overall, the financial results for HOV Services reflect positive developments in key performance metrics, leading to an adjustment in evaluation.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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