Parshva Enterprises Reports Mixed Q2 FY24-25 Results Amidst Operational Growth and Sales Decline

Parshva Enterprises has recently released its financial results for the second quarter of FY24-25, which were announced on January 17, 2025. The report highlights a notable adjustment in its evaluation, reflecting a shift in the company's score over the past three months.
On a positive note, Parshva Enterprises achieved its highest annual operating cash flow at Rs 1.67 crore, demonstrating consistent growth over the last three years. Additionally, the company's debtors turnover ratio reached a peak of 4.29 times, indicating enhanced efficiency in managing receivables over the past five half-year periods.

However, the company encountered challenges with net sales, which experienced a decline of 6.2% to Rs 6.14 crore compared to the average of the previous four quarters. Operating profit also reached a low of Rs 0.12 crore, while profit before tax, excluding other income, was recorded at Rs 0.06 crore, both reflecting negative trends. Furthermore, earnings per share (EPS) decreased to Rs 0.04, suggesting a reduction in profitability for shareholders.

Overall, the financial results of Parshva Enterprises indicate a complex landscape of both positive achievements and areas of concern, leading to a revision in its score.

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