KMF Builders & Developers Reports Positive Quarter, Shows Strong Sales Growth
KMF Builders & Developers, a microcap real estate company, has reported a positive performance in the quarter ended March 2024, with a score of 9 out of 13. The company's net sales have seen a remarkable growth of 477.70% year on year, indicating a positive sales trend. However, the profit after tax has fallen by -12.7%, raising concerns for the near term. MarketsMojo has advised investors to hold onto their stocks.
KMF Builders & Developers, a microcap real estate company, has recently announced its financial results for the quarter ended March 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.
According to the financial report, KMF Builders has shown a positive performance in the quarter, with a score of 9 out of 13. This is a significant improvement from the previous quarter's score of 13. The company's net sales for the half-yearly period have also seen a remarkable growth of 477.70% year on year, reaching Rs 8.55 crore. This indicates a very positive sales trend for the company.
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. This is a cause for concern as it shows a negative trend in the near term.
Despite this, KMF Builders & Developers remains a strong player in the microcap real estate industry. With its positive sales trend and growth in net sales, the company has the potential to continue its success in the future. Investors are advised to hold onto their stocks for now, as suggested by MarketsMOJO.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
