Le Travenues Technology Reports Strong Financial Performance in Q2 FY25

Le Travenues Technology, a midcap company in the travel services industry, has recently declared its financial results for the quarter ending September 2024. The stock call by MarketsMOJO for Le Travenues is ‘Hold’.

According to the financials, Le Travenues has shown a positive performance in the quarter, with a score of 19 compared to -2 in the previous quarter. This is a significant improvement in just three months.

One of the key factors contributing to this positive performance is the company’s Profit After Tax (PAT) for the half-yearly period, which has grown by 247.43% year on year. The trend for PAT is also very positive. Additionally, the company’s Profit Before Tax less Other Income (PBT) for the quarter has grown by 90.0% compared to the average PBT of the previous four quarters. This indicates a strong near-term trend for PBT.

Le Travenues has also seen a growth in its net sales for the quarter, with the highest sales of Rs 206.47 crore in the last five quarters. The trend for net sales is positive, with a growth of 21.2% over the average net sales of the previous four quarters.

The company’s operating profit (PBDIT) for the quarter is also at its highest in the last five quarters, indicating a positive trend in the near term. Similarly, the highest PBT for the quarter in the last five quarters also shows a positive trend.

However, one area of concern for Le Travenues is its non-operating income, which has increased significantly in the last five quarters. This may not be sustainable in the long run.

Overall, Le Travenues has shown a strong financial performance in the quarter ending September 2024, with positive trends in key areas. Investors are advised to hold their stocks in the company, as recommended by MarketsMOJO.