Kridhan Infra's Q3 Financial Results Show Mixed Performance, Highest EPS in 5 Quarters

Kridhan Infra, a microcap company in the construction and real estate industry, has recently announced its financial results for the quarter ending September 2024. The results, declared on November 14, 2024, have received a 'Strong Sell' rating from MarketsMOJO. According to the financial report, Kridhan Infra's performance for the quarter has been flat, with a score of -2 compared to -1 in the previous quarter. However, there are some positive aspects to note. The company's Earnings per Share (EPS) for the quarter was the highest in the last five quarters at Rs 7.10. This indicates an increase in profitability and higher earnings for shareholders. On the other hand, there are also some areas of concern for Kridhan Infra. The company's Operating Profit (PBDIT) for the quarter was the lowest in the last five quarters at Rs -0.31 crore. This suggests a negative trend in the near term. Similarly, the Profit Before Tax less Other Income (PBT) for the quarter was also the lowest in the last five quarters at Rs -0.39 crore, indicating a negative trend in the near future. Despite these challenges, Kridhan Infra remains a key player in the construction and real estate industry. Investors and stakeholders will be closely monitoring the company's performance in the coming quarters to see if it can turn things around and improve its financial standing.