Nuvoco Vistas Corporation Reports Negative Financial Performance in Q2 FY25

Nuvoco Vistas Corporation, a midcap cement company, recently announced its financial results for the quarter ending September 2024. However, the news is not positive as the company has seen a decline in its financial performance.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Nuvoco Vistas is ‘Sell’. This is based on the negative financial trends observed in the company’s recent quarterly report.

The company’s Profit Before Tax less Other Income (PBT) has fallen to -128.07 crore, a significant decrease of 422.6% compared to the average PBT of the previous four quarters. This indicates a very negative trend in the near term.

Similarly, the Profit After Tax (PAT) has also seen a decline of 351.0% compared to the average PAT of the previous four quarters. The Net Sales have also fallen by 14.1% compared to the average of the previous four quarters, indicating a very negative trend in the near term.

The company’s ability to manage interest payments has also deteriorated, with the Operating Profit to Interest ratio being the lowest in the last five quarters. The Net Sales have also hit a low of 2,268.58 crore, further highlighting the negative trend in the near term.

The Operating Profit (PBDIT) has also seen a decline, with the current quarter’s figure being the lowest in the last five quarters. The Operating Profit Margin has also hit a low of 9.64%, indicating a decrease in the company’s efficiency.

Overall, the company’s financial performance for the quarter ending September 2024 has been negative, with declining profitability and lower earnings per share for shareholders. This news may not be favorable for investors, as indicated by the ‘Sell’ call by MarketsMOJO.