Ladam Affordable Housing Reports Flat Q3 FY24-25 Results Amid Profit Turnaround and Liquidity Concerns

Ladam Affordable Housing, a microcap player in the finance/NBFC sector, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 10, 2025, indicate a flat financial performance for Q3 FY24-25, with notable evaluation changes reflected in its score, which has shifted to 0 from 3 over the past three months.
On a positive note, the company has reported a profit after tax (PAT) of Rs 0.04 crore for the half-year period, surpassing the PAT of Rs -0.11 crore from the previous twelve months. This marks a significant turnaround in profitability for the company.

Conversely, the financials also reveal challenges for Ladam Affordable Housing. The operating profit (PBDIT) has reached its lowest point in the last five quarters, recorded at Rs -0.10 crore. Additionally, cash and cash equivalents have declined to Rs 0.58 crore, marking the lowest level in the last six half-yearly periods, indicating a concerning trend in short-term liquidity.

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