Nivaka Fashions' Quarterly Revenue Declines by -0.1% to Rs 1.99 cr.
Nivaka Fashions, a microcap trading company, has reported a flat performance for the quarter ending June 2024 with a score of -1 compared to 7 in the previous quarter. The company's PAT has also decreased by 251.5% and its revenue has declined by -0.1%. MarketsMojo has given a 'Sell' call for the company's stock.
Revenue - Quarterly: Revenue has declined by -0.1 % to Rs 1.99 cr from Rs 2.00 cr in the previous quarter.Nivaka Fashions, a microcap trading company, has recently announced its financial results for the quarter ending June 2024. The company's performance for the quarter has been flat, with a score of -1 compared to 7 in the previous quarter.
The company's Profit After Tax (PAT) for the quarter has fallen to -0.25 cr, a decrease of 251.5% compared to the average PAT of the previous four quarters, which was Rs 0.17 cr. This indicates a negative trend in the company's near-term PAT.
In terms of revenue, Nivaka Fashions has seen a decline of -0.1% to Rs 1.99 cr from Rs 2.00 cr in the previous quarter. This could be a cause for concern for the company.
MarketsMOJO, a leading financial analysis platform, has given a 'Sell' call for Nivaka Fashions' stock. This could be due to the company's recent financial performance.
Investors and experts are advised to closely monitor the company's future financial results to make informed decisions about their investments in Nivaka Fashions.
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