Lords Ishwar Hotels Shows Positive Indicators in Recent Financial Results
Lords Ishwar Hotels, a microcap company in the hotel, resort, and restaurant industry, 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.Despite a flat financial performance in the second quarter of the fiscal year 2024-2025, Lords Ishwar has shown some positive indicators in its financials. The company's cash and cash equivalents have reached a six-half yearly high of Rs 5.54 crore, indicating an improvement in short-term liquidity. Additionally, the company's profit after tax (PAT) for the nine-month period ending September 2024 has increased to Rs 0.32 crore, surpassing the previous 12-month period's PAT of Rs 0.22 crore.
While the overall score for Lords Ishwar has fallen from 4 to 1 in the last three months, these financial indicators suggest that the company is making progress in certain areas. Investors and stakeholders can keep an eye on the company's performance in the upcoming quarters to see if these positive trends continue.
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