Shristi Infra's Q1 financial report shows mixed results, with potential for improvement

Shristi Infrastructure Development Corporation, a microcap real estate company, has recently declared its financial results for the quarter ended March 2024. The company's stock has been given a 'Strong Sell' call by MarketsMOJO.

According to the financial report, Shristi Infra has seen a negative performance in the quarter, with a score of -14 compared to -5 in the previous quarter. However, there are some positive aspects to the company's financials. The earnings per share (EPS) for the quarter were the highest in the last five quarters at Rs 6.71, indicating an increase in profitability and higher earnings for shareholders.

On the other hand, there are some areas of concern for Shristi Infra. The net sales for the half-yearly period have decreased by -69.64% year on year, indicating a negative sales trend in the near term. The company's ability to manage interest payments has also deteriorated, with the operating profit to interest ratio being the lowest in the last five quarters at -7.77 times. The profit after tax (PAT) for the quarter has also fallen by -12.2% compared to the average PAT of the previous four quarters. The operating profit and operating profit margin for the quarter were also the lowest in the last five quarters, indicating a negative trend in the near term.

Investors and experts are advised to carefully consider these financial results before making any investment decisions. Shristi Infrastructure Development Corporation will need to address these concerns and improve its financial performance in order to regain investor confidence and improve its stock performance.