B2B Soft.Tech. Reports Strong Financial Performance in Q1 FY25 Despite 'Sell' Call

Jul 19 2024 10:00 AM IST
share
Share Via
B2B Software Technologies, a microcap company in the IT software industry, has announced its financial results for the quarter ending June 2024. Despite a 'Sell' call from MarketsMojo, the company has shown a positive performance with significant improvements in key financial indicators such as PAT, PBDIT, and EPS. Investors should conduct their own research before making any investment decisions.

B2B Software Technologies, a microcap company in the IT software industry, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

Despite this, B2B Soft.Tech. has shown a positive financial performance in the quarter, with a score of 8 out of 10, compared to 0 in the previous quarter. This indicates a significant improvement in the company’s financials.


One of the key factors contributing to this positive performance is the growth in Profit After Tax (PAT), which has increased by 918.2% year on year, reaching Rs 1.12 crore. The company’s Operating Profit (PBDIT) has also seen a significant improvement, reaching its highest level of Rs 0.83 crore in the last five quarters. This indicates a positive trend in the company’s near term operating profit.


Moreover, B2B Soft.Tech. has also shown an improvement in its Operating Profit Margin, reaching its highest level of 16.50% in the last five quarters. This indicates an increase in the company’s efficiency.


Another positive aspect of the company’s financials is its Profit Before Tax less Other Income (PBT), which has reached its highest level of Rs 0.80 crore in the last five quarters. This indicates a positive trend in the company’s near term PBT.


In terms of profitability, B2B Soft.Tech. has also shown a positive trend in its Profit After Tax (PAT), reaching its highest level of Rs 1.12 crore in the last five quarters. This indicates a positive trend in the company’s near term PAT.


Furthermore, the company’s Earnings per Share (EPS) have also shown an increase, reaching its highest level of Rs 0.97 in the last five quarters. This indicates that the company has been able to create higher earnings for its shareholders.


In terms of liquidity, B2B Soft.Tech. has also shown improvement, with its Cash and Cash Equivalents reaching its highest level of Rs 5.17 crore in the last six half yearly periods. This indicates an improvement in the company’s short term liquidity.


Overall, B2B Software Technologies has shown a positive financial performance in the quarter ending June 2024, with improvements in key financial indicators. However, investors should take note of the ‘Sell’ call given by MarketsMOJO and conduct their own research before making any investment decisions.


{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News