Parshva Enterprises Reports Strong Sales and Cash Flow in Q1 FY25

Parshva Enterprises, a microcap trading company, has recently announced its financial results for the quarter ending June 2024. The company has shown positive performance in this quarter, with a consistent score in the last three months.

One of the key highlights of the financial report is the growth in net sales, which has increased by 45.27% year on year, reaching Rs 14.28 crore. This indicates a strong sales trend in the near term for Parshva Enterprises.

The company has also shown a strong operating cash flow, with the highest amount of Rs 1.67 crore in the last three years. This reflects the company’s ability to generate higher cash revenues from its business operations.

In terms of operating profit, Parshva Enterprises has recorded its highest PBDIT (Profit Before Depreciation, Interest, and Taxes) of Rs 0.17 crore in the last five quarters. This shows a positive trend in the near term for the company.

Similarly, the company’s PBT (Profit Before Tax) has also shown a positive trend, with the highest amount of Rs 0.11 crore in the last five quarters. This indicates that Parshva Enterprises has been able to generate higher profits from its business activities.

Another positive aspect of the financial report is the Debtors Turnover Ratio, which has reached its highest at 3.13 times in the last five half-yearly periods. This shows that the company has been able to settle its debtors faster.

However, the company’s earnings per share (EPS) have declined in this quarter, reaching its lowest at Rs 0.05 in the last five quarters. This indicates a decline in profitability and lower earnings for shareholders.

Overall, Parshva Enterprises has shown a positive financial performance in the quarter ending June 2024, with strong sales and operating cash flow. However, the decline in EPS is a cause for concern and the company may need to address this issue in the future.