Inventure Growth & Securities Reports Positive Financial Results for Q1 FY25, Stock Receives 'Hold' Rating

Jul 19 2024 10:00 AM IST
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Inventure Growth & Securities, a microcap finance company, has reported a positive financial performance in the quarter ending June 2024. The company's PBT and PAT have shown significant growth, while net sales have declined. MarketsMojo has given a 'Hold' call for the company's stock.

Inventure Growth & Securities, a microcap finance company, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financials, Inventure Growth & Securities has shown a very positive performance in the quarter, with a score of 22 compared to 29 in the previous quarter. The company’s Profit Before Tax (PBT) has seen a significant growth of 92.7% at Rs 8.87 crore, compared to the average PBT of the previous four quarters at Rs 4.60 crore. The trend for PBT in the near term is also very positive. Similarly, the Profit After Tax (PAT) has also shown a growth of 86.8% at Rs 6.61 crore, compared to the average PAT of the previous four quarters at Rs 3.54 crore. The near term trend for PAT is also very positive.


However, the company’s Net Sales have fallen by -13.0% at Rs 18.25 crore, compared to the average Net Sales of the previous four quarters at Rs 20.99 crore. The near term trend for sales is very negative.


Overall, Inventure Growth & Securities has shown a strong financial performance in the quarter ending June 2024, with a positive trend in PBT and PAT. However, the company’s net sales have seen a decline. Investors are advised to hold their stocks in the company, as per the recommendation by MarketsMOJO.


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