NDL Ventures Reports Flat Performance in Q2 FY25, Non-Operating Income a Concern

Oct 22 2024 08:46 PM IST
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NDL Ventures, a microcap company in the DTH/Cable industry, reported a flat performance in the quarter ending September 2024, with a slight improvement from the previous quarter. However, the company's non-operating income, which accounts for a significant portion of its profit, raises concerns about its sustainability. NDL Ventures remains committed to its core business and aims to improve its financials in the future. Investors are advised to monitor the company's progress closely.

NDL Ventures, a microcap company in the DTH/Cable industry, recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, NDL Ventures has shown a flat performance in the quarter, with a score of -1 compared to -4 in the previous quarter. This indicates a slight improvement in the company’s financials.


However, there are certain areas that are not working in favor of NDL Ventures. One of them is the non-operating income, which accounts for a significant 476.92% of the company’s profit before tax. This suggests that the company’s income from non-business activities is high, which may not be a sustainable business model in the long run.


Despite this, NDL Ventures remains committed to providing quality services in the DTH/Cable industry. The company continues to focus on its core business operations and aims to improve its financial performance in the upcoming quarters. Investors are advised to keep a close eye on the company’s progress and make informed decisions.


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