Dhanvantri Jeevan Rekha Reports Mixed Financial Performance for Q1 FY25

Jul 31 2024 09:30 PM IST
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Dhanvantri Jeevan Rekha, a microcap healthcare services company, has reported a flat performance for the quarter ended June 2024. However, the company has shown growth in profits and revenue in the nine-month period. Despite this, stock analysis platform MarketsMojo has a 'Sell' call for the company's stock. Investors should carefully evaluate all factors before investing.

Dhanvantri Jeevan Rekha, a microcap healthcare services company, has recently announced its financial results for the quarter ended June 2024. The company has reported a flat performance for the quarter, with a score of 1 out of 2 in the last 3 months.

Despite this, there are some positive aspects to the company’s financials. The Profit After Tax (PAT) for the nine-month period is higher at Rs 0.43 crore compared to the preceding 12-month period ended June 2024, which was at Rs -0.10 crore. This indicates a growth in profits for the company.


Moreover, in the nine-month period, Dhanvantri Jeevan Rekha has already surpassed its sales from the previous 12 months. This shows a promising trend for the company’s revenue.


However, according to MarketsMOJO, a leading stock analysis platform, the stock call for Dhanvantri Jeevan Rekha is ‘Sell’. This could be due to various factors such as market conditions, competition, and other external factors.


Overall, Dhanvantri Jeevan Rekha has shown a mixed financial performance for the quarter ended June 2024. Investors are advised to carefully consider all factors before making any investment decisions.


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