Intrasoft Technologies' Q1 FY25 Financial Report Shows Mixed Performance, Investors Advised to Hold Stock

Aug 13 2024 07:50 PM IST
share
Share Via
Intrasoft Technologies, a microcap company in the BPO/ITeS industry, reported a flat performance in the first quarter of 2024 with a score of 1 out of 5. The company's debt-to-equity ratio has decreased, but there are concerns about increased borrowing and reliance on non-business activities. Investors are advised to hold their stock and monitor future financial reports closely.

Intrasoft Technologies, a microcap company in the BPO/ITeS industry, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Intrasoft Tech. has experienced a flat performance in the first quarter of 2024, with a score of 1 out of 5. This is a decrease from the previous quarter’s score of 5.


However, there are some positive aspects to the company’s financials. In the last five half-yearly periods, Intrasoft Tech. has maintained a low debt-to-equity ratio of 0.66, indicating a reduction in borrowing compared to equity capital.


On the other hand, there are some areas of concern for the company. The interest cost for the quarter has increased by 10.49% compared to the previous quarter, reaching a high of Rs 3.16 crore. This suggests an increase in borrowings, which may impact the company’s financial stability.


Moreover, the company’s non-operating income for the quarter is 63.22% of its profit before tax. This indicates a high reliance on non-business activities, which may not be a sustainable business model in the long run.


In addition, Intrasoft Tech.’s earnings per share for the quarter are at a low of Rs 1.45, showing a decline in profitability and lower returns for shareholders. The company’s non-operating income for the quarter is also at a high of Rs 2.51 crore, which may not be sustainable in the long term.


Overall, Intrasoft Technologies’ financial performance for the first quarter of 2024 has been mixed, with some positive and negative aspects. Investors are advised to hold their stock and closely monitor the company’s future financial reports.


{{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