Sanmit Infra Reports Negative Financial Results for Q1 FY25

Sanmit Infra, a microcap real estate company, recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Sanmit Infra has seen a negative performance in the quarter, with a score of -9, which is an improvement from the previous quarter’s score of -15. This indicates that the company’s financial health has slightly improved in the last three months.

However, there are some areas where Sanmit Infra is struggling. The net sales for the first half of the year have decreased by 38.17% compared to the same period last year. This trend is expected to continue in the near term. Similarly, the profit after tax has also decreased by 38.17% in the first half of the year, indicating a negative trend in the company’s profitability.

In terms of operating profit and profit before tax, Sanmit Infra has seen its lowest numbers in the last five quarters. This suggests that the company is facing challenges in generating profits from its operations. Additionally, the earnings per share for the quarter are also at its lowest in the last five quarters, indicating a decline in profitability and lower returns for shareholders.

Overall, Sanmit Infra’s financial performance for the quarter ending March 2024 has been negative. Investors should carefully consider these factors before making any investment decisions.