Kridhan Infra's Q1 Financial Results Show Decline in Overall Health

Kridhan Infra, a microcap real estate company, recently announced its financial results for the quarter ending March 2024. The results, declared on August 14, have received a 'Sell' call from MarketsMOJO.

According to the financial report, Kridhan Infra's performance has remained flat in the last quarter, with a score of -5 compared to -1 in the previous three months. This indicates a decline in the company's overall financial health.

One of the major factors contributing to this decline is the Profit After Tax (PAT) for the quarter, which stands at -164.82 crore. This is a significant decrease of 6414.6% compared to the average PAT of the previous four quarters, which was -2.53 crore. This trend is expected to continue in the near term, as the company's PAT has been consistently negative.

Another concerning aspect is the Earnings per Share (EPS) for the quarter, which is at its lowest in the last five quarters at -21.01. This indicates a decline in profitability and a lower return for shareholders.

While Kridhan Infra has not received a positive response from MarketsMOJO, it is important to note that this is a neutral and fact-based analysis of the company's financial performance. It is always advisable for investors to conduct their own research and seek professional advice before making any investment decisions.