GVK Power & Infrastructure Reports Significant Decline in Q1 FY25 Financial Results

GVK Power & Infrastructure, a microcap company in the power industry, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Strong Sell’ call by MarketsMOJO.

According to the financial report, GVK Power & Infrastructure has seen a significant decline in its performance, with a score of -21 compared to -28 in the previous quarter. This indicates a negative trend in the company’s financials.

One of the major factors contributing to this decline is the Profit Before Tax (PBT) which has fallen by 118.7% to Rs -7.72 crore, compared to the average PBT of the previous four quarters which was Rs 41.30 crore. This shows a very negative trend in the near term for PBT.

Similarly, the Profit After Tax (PAT) has also seen a sharp decline of 318.6% to Rs -11.15 crore, compared to the average PAT of the previous four quarters which was Rs 5.10 crore. This indicates a very negative trend in the near term for PAT.

The company’s Net Sales have also fallen by 17.1% to Rs 223.95 crore, compared to the average Net Sales of the previous four quarters which was Rs 270.04 crore. This shows a very negative trend in the near term for sales.

Another concerning factor is the Non-Operating Income, which is 182.92% of the PBT. This means that the company’s income from non-business activities is high, which is not a sustainable business model.

Overall, GVK Power & Infrastructure’s financial performance for the quarter ending June 2024 has been very negative. Investors are advised to exercise caution while considering this stock.