Prime Property Development Reports Significant Decline in Profitability and Sales Performance for June 2025

Prime Property Development Corporation, a microcap player in the realty sector, has recently reported its financial results for the quarter ending June 2025. The results indicate a notable shift in the company's evaluation, with the score adjusting to -10 from -19 over the past three months.
The financial data reveals several challenges for Prime Property. The Profit After Tax (PAT) for the quarter stands at Rs 0.07 crore, reflecting a significant decline of 88.7% compared to the average PAT of Rs 0.62 crore over the previous four quarters. This trend suggests a concerning trajectory for the company's profitability.

In terms of net sales, the nine-month figure is reported at Rs 7.81 crore, which shows a year-on-year contraction of 73.40%. This decline raises questions about the company's sales performance in the near term.

Additionally, the operating profit (PBDIT) has reached its lowest point in the last five quarters at Rs -0.94 crore, indicating a negative trend in operational efficiency. The operating profit margin has also fallen to 0.00%, further highlighting the company's struggles.

Moreover, the profit before tax (PBT) is recorded at Rs -0.97 crore, marking another low in recent quarters. While non-operating income has surged to Rs 1.04 crore, accounting for 1,485.71% of PBT, this reliance on non-business activities raises concerns about the sustainability of the company's financial model.

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