Rudra Global Infra Products Reports Flat Performance, Positive PAT Growth in Q1 FY25

Aug 16 2024 08:59 AM IST
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Rudra Global Infra Products, a microcap company in the iron and steel industry, reported a flat performance for the quarter ending June 2024 with a score of 5 out of 10. However, the company's Profit After Tax (PAT) has shown a positive growth of 43.2% year on year. On the other hand, the company's interest cost has increased by 38.64% quarter on quarter, indicating increased borrowings. Investors should carefully evaluate all aspects before making any decisions regarding the company's stock.
Rudra Global Infra Products Reports Flat Performance, Positive PAT Growth in Q1 FY25

Rudra Global Infra Products, a microcap company in the iron and steel industry, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Rudra Global’s performance for the quarter has been flat, with a score of 5 out of 10. However, there are some positive aspects to note. The company’s Profit After Tax (PAT) for the quarter has grown by 43.2% year on year, reaching Rs 6.02 crore. This indicates a positive trend in the near term.

On the other hand, there are some areas of concern for Rudra Global. The company’s interest cost for the quarter has increased by 38.64% quarter on quarter, reaching Rs 4.70 crore. This is the highest interest cost in the last five quarters and signifies increased borrowings.

Despite the mixed financial performance, Rudra Global remains a key player in the iron and steel industry. Investors should carefully consider all factors before making any decisions regarding the company’s stock.

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