Krishna Ventures Reports Revision in Score Following Flat Q3 FY24-25 Performance

Jan 07 2025 03:17 PM IST
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Krishna Ventures has seen a revision in its score, reflecting a notable adjustment in evaluation over the past three months. The company's recent financial results indicate a flat performance for Q3 FY24-25, yet key metrics such as operating profit and profit after tax reached their highest levels in five quarters. Additionally, Krishna Ventures has been added to MarketsMojo's list, suggesting a potential shift in market perception.
Krishna Ventures, a microcap player in the miscellaneous industry, has recently announced its financial results for the quarter ending December 2024. The report, released on January 7, 2025, reveals a notable adjustment in the evaluation of the stock, reflecting a shift in its score over the past three months.

Despite reporting a flat financial performance for Q3 FY24-25, Krishna Ventures achieved significant milestones in its key financial metrics. The company recorded an operating profit (PBDIT) of 0.02 crore, marking the highest figure in the last five quarters. Additionally, the profit before tax (PBT), excluding other income, reached its peak at -0.02 crore during the same period. The profit after tax (PAT) also showed a positive trend, standing at 0.07 crore, the highest in the last five quarters.

Earnings per share (EPS) for the quarter was reported at 0.06, indicating an increase in profitability and higher earnings for shareholders. These figures suggest a positive near-term trend for Krishna Ventures as it navigates the current financial landscape.

In light of these developments, the stock has been added to MarketsMOJO's list, reflecting a growing recognition of its potential. Investors and analysts alike will be keen to observe how Krishna Ventures continues to evolve in the coming quarters, particularly in light of its recent performance indicators.
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