Radhe Developers Reports Positive Financial Results in Q2 of FY 2024-2025 Despite 'Sell' Call from MarketsMOJO

Nov 06 2024 04:51 PM IST
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Radhe Developers (India), a microcap construction and real estate company, has reported positive financial results for the quarter ending September 2024. Despite a 'Sell' call from MarketsMojo, the company's PBT, PAT, and PBDIT have shown significant growth. The company's profitability and EPS have also improved, indicating a positive trend for the near future.
Radhe Developers (India), a microcap construction and real estate company, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

Despite the negative sentiment from MarketsMOJO, Radhe Developers has shown positive financial performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 0 to 12 in the last three months.

According to the September 2024 financials, Radhe Developers has seen growth in key areas such as Profit Before Tax less Other Income (PBT), Profit After Tax (PAT), and Operating Profit (PBDIT). PBT has grown by 217.8% over the average of the previous four quarters, while PAT has grown by 216.6%. The company's PBDIT for the quarter is the highest in the last five quarters, indicating a positive trend in the near term.

Furthermore, Radhe Developers has also shown improvement in its profitability, with the highest PBT and PAT in the last five quarters. The company's Earnings per Share (EPS) for the quarter is also the highest in the last five quarters, indicating an increase in profitability and higher earnings for shareholders.

While MarketsMOJO may have a negative outlook on Radhe Developers, the company's financial results for the quarter ending September 2024 show a positive trend in key areas. This could be a promising sign for the company's future performance.
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