Tantia Constructions Reports Mixed Performance in Q2 FY25 Financial Results

Tantia Constructions, a microcap company in the capital goods industry, recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Tantia Constr. has shown a flat performance in the quarter, with a score of 0 compared to -13 in the previous quarter. However, there are some positive aspects to the company’s financials. The Profit After Tax (PAT) for the half-yearly period has grown by 116.69% year on year, indicating a strong trend. Additionally, the PAT for the half-yearly period is higher at Rs 1.27 crore compared to the previous 12 months, which was at a loss of Rs 12.57 crore. This shows a significant improvement in the company’s profitability.

On the other hand, there are some areas of concern for Tantia Constr. The Net Sales for the nine-month period have shown a decline of -34.16% year on year, indicating a negative trend in the near term. Additionally, the company’s Operating Cash Flow for the year is at its lowest in the last three years, at Rs -35.48 crore. This suggests that the company’s cash revenues from business operations are decreasing.

Overall, Tantia Constructions has shown a mixed performance in the quarter ending September 2024. While there are some positive aspects to the financials, there are also some areas of concern that need to be addressed. Investors are advised to carefully evaluate the company’s performance before making any investment decisions.