IL&FS Engineering & Construction Co's Q4 financials show mixed performance with positive sales trend.

IL&FS Engineering & Construction Co, a microcap company in the capital goods industry, has recently declared its financial results for the quarter ending March 2024. According to the latest report, the company's performance has remained flat in the quarter, with a score of -4 compared to 12 in the previous quarter.

Despite this, there are some positive aspects to IL&FS Engg.'s financials. The company's net sales for the quarter were the highest in the last five quarters at Rs 84.66 crore, showing a positive trend in the near term. Additionally, the net sales have grown by 31.1% over the average net sales of the previous four quarters, indicating a positive sales trend.

However, there are also some concerning factors in the company's financials. The profit before tax less other income (PBT) for the quarter was at Rs -110.73 crore, which is a significant decrease of -143.1% compared to the average PBT of the previous four quarters. The profit after tax (PAT) also saw a decline of -285.6% over the average PAT of the previous four quarters. The company's operating profit to interest ratio was at its lowest in the last five quarters, indicating a deteriorating ability to manage interest payments.

The operating profit (PBDIT) for the quarter was also at its lowest in the last five quarters at Rs -107.30 crore, and the operating profit margin was at -126.74%, showing a decline in the company's efficiency. The earnings per share (EPS) for the quarter were also at its lowest in the last five quarters at Rs -7.48, indicating a decline in profitability and lower earnings for shareholders.

Overall, IL&FS Engineering & Construction Co's financial performance for the quarter ending March 2024 has been mixed, with some positive and negative trends. Investors should carefully consider these factors before making any investment decisions.