KMF Builders & Developers Reports 477.70% Growth in Net Sales for Q1 FY25

Aug 16 2024 09:01 AM IST
share
Share Via
KMF Builders & Developers, a microcap real estate company, has reported a significant increase in net sales by 477.70% year on year, reaching Rs 8.55 crore for the quarter ended June 2024. However, the company's profit after tax has fallen by -12.7% compared to the previous four quarters, indicating a negative trend in the near term. MarketsMojo has given a 'Hold' call for the company's stock, with a decline in its overall financial performance in the last three months. Investors should closely monitor the company's performance in the coming quarters.

KMF Builders & Developers, a microcap real estate company, has recently announced its financial results for the quarter ended June 2024. The company has shown positive performance in terms of net sales, which have grown by 477.70% year on year, reaching Rs 8.55 crore. This is a significant increase from the previous year’s net sales of Rs 1.48 crore. The sales trend for the company is also very positive.

However, the company’s profit after tax (PAT) for the quarter has fallen by -12.7% compared to the average PAT of the previous four quarters. The PAT for the quarter stands at Rs 0.12 crore, while the average PAT for the previous four quarters was Rs 0.14 crore. This indicates a negative trend in the near term for the company’s profitability.


MarketsMOJO, a leading financial analysis and research firm, has given a ‘Hold’ call for KMF Builders’ stock. This means that investors should hold on to their current positions in the company’s stock and not make any new investments. The company’s score has also fallen from 13 to 9 in the last three months, indicating a decline in its overall financial performance.


Despite the negative trend in PAT, KMF Builders has shown strong growth in net sales, which is a positive sign for the company’s future. However, it is important for investors to carefully monitor the company’s financial performance in the coming quarters to make informed investment decisions.


{{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