PVV Infra Ltd Reports Positive Financial Results for Q1 2024, PAT at Highest in 5 Quarters

Apr 20 2024 07:20 PM IST
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PVV Infra Ltd, a microcap real estate company, has reported a positive financial performance in the quarter ending March 2024. The company's PBT less Other Income has increased by 1533.3%, while PAT has consistently grown over the last five quarters. However, Net Sales have decreased by 49.3%, indicating a negative trend. MarketsMojo has given a 'Sell' call for the company's stock.

PVV Infra Ltd, a microcap real estate company, has recently announced its financial results for the quarter ending March 2024. The company has shown positive performance with a score of 19, which is an improvement from the previous quarter's score of 11.

One of the key factors contributing to this positive performance is the significant growth in Profit Before Tax (PBT) less Other Income, which has increased by 1533.3% compared to the average PBT of the previous four quarters. This trend is expected to continue in the near term.

Another noteworthy aspect is the consistent growth in Profit After Tax (PAT) over the last five quarters, with the current quarter's PAT being the highest at Rs 1.83 crore. This indicates a positive trend in the company's profitability.

PVV Infra Ltd has also shown improvement in its Operating Profit (PBDIT) and Operating Profit Margin, with the current quarter's figures being the highest in the last five quarters. This reflects the company's efficiency and ability to generate profits.

On the other hand, the company's Net Sales have decreased by 49.3% compared to the average of the previous four quarters. However, it is important to note that the current quarter's Net Sales are the lowest in the last five quarters. This indicates a negative trend in the company's sales, which is something to keep an eye on in the near term.

Overall, PVV Infra Ltd has shown positive financial performance in the quarter ending March 2024. However, the decrease in Net Sales is a cause for concern and the company will need to address this in order to maintain its positive momentum. Based on these financials, MarketsMOJO has given a 'Sell' call for PVV Infra Ltd's stock.
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