Prerna Infrabuild Reports Declining Profitability Amid High Debtors Turnover Ratio

Prerna Infrabuild, a microcap player in the construction and real estate industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a challenging period for the company, with notable shifts in its financial metrics.
The company's Debtors Turnover Ratio has reached a significant high of 237.86 times over the last five half-yearly periods, reflecting an efficient collection process. However, other financial indicators reveal a more concerning picture. The Profit Before Tax, adjusted for other income, stands at Rs -0.88 crore, marking a substantial decline year on year. Similarly, net sales for the nine-month period have shown a considerable contraction, recorded at Rs 6.11 crore, which is a significant drop compared to the previous year. Profit After Tax has also seen a decline, with a reported figure of Rs 1.24 crore, indicating ongoing challenges in profitability.

In light of these developments, Prerna Infrabuild has experienced an adjustment in its evaluation, with its score shifting to -12 from -14 over the past three months. This revision reflects the underlying trends and events impacting the company's financial standing.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.