Integra Engineering India's Q1 FY25 Financial Report Shows Mixed Performance, Receives 'Sell' Rating from MarketsMOJO

Integra Engineering India, a microcap company in the textile machinery industry, has 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, Integra Engg. has shown a flat performance in the quarter, with a slight improvement in its score from -16 to -2 in the last three months. However, there are some positive aspects to the company’s financials.

One of the key strengths of Integra Engg. is its operating cash flow, which has been consistently growing over the past three years. In the last financial year, the company’s operating cash flow was the highest at Rs 17.14 crore. This indicates that the company has been able to generate higher cash revenues from its business operations.

On the other hand, the company’s profit after tax (PAT) for the first half of the year has shown a decline of 36.98% compared to the same period last year. This negative trend in PAT is a cause for concern in the near term.

Overall, Integra Engineering India’s financial performance for the quarter ending June 2024 has been mixed. While there are some positive aspects, the company’s stock has been given a ‘Sell’ call by MarketsMOJO. Investors should carefully consider these factors before making any investment decisions.