Sri Havisha Hospitality & Infrastructure Announces Q4 Financial Results, Operating Profit Shows Positive Trend

Feb 14 2024 06:20 PM IST
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Sri Havisha Hospitality & Infrastructure, a microcap company in the industrial gases and fuels industry, reported a flat performance for the quarter ending December 2023. However, the company's operating profit was the highest in the last five quarters and it remains a player in the industry, catering to various sectors. Investors should carefully consider all factors before making any investment decisions.

Sri Havisha Hospitality & Infrastructure, a microcap company in the industrial gases and fuels industry, recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Sri Havisha's performance for the quarter has been flat, with a score of -2 compared to 1 in the previous quarter. However, there are some positive aspects to the company's financials. The operating profit (PBDIT) for the quarter was the highest in the last five quarters, at Rs 0.95 crore. The near-term trend for operating profit is also positive.

On the other hand, the profit before tax (PBT) less other income for the quarter was at Rs -0.89 crore, showing a significant decline of -594.44% year on year. The near-term trend for PBT is also very negative.

Despite the mixed financial performance, Sri Havisha remains a player in the industrial gases and fuels industry, catering to the needs of various sectors. The company continues to strive for growth and improvement in its operations. Investors are advised to carefully consider all factors before making any investment decisions.
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