Prerna Infrabuild's Q4 financial report shows mixed results, with positive sales growth but declining profits.

Feb 05 2024 03:15 PM IST
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Prerna Infrabuild, a microcap real estate company, has reported a flat performance in the quarter ending December 2023, with a score of -1 compared to 1 in the previous 3 months. While net sales have shown a growth of 37.76% year on year, there are concerns regarding PBT and PAT, indicating a mixed financial performance.

Prerna Infrabuild, a microcap real estate company, recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Prerna Infra. has seen a flat performance in the quarter, with a score of -1 compared to 1 in the previous 3 months. However, there are some positive aspects to the company's financials.

The net sales for the quarter have shown a growth of 37.76% year on year, reaching Rs 7.15 crore. The near-term sales trend is also positive. Additionally, the company's cash and cash equivalents have reached a high of Rs 39.23 crore in the last six half-yearly periods, indicating an improvement in short-term liquidity.

On the other hand, there are some areas of concern for Prerna Infra. The profit before tax less other income (PBT) for the quarter has fallen by -62.92% year on year, and the near-term trend is very negative. Similarly, the profit after tax (PAT) for the half-yearly period has also shown a decline of -50.88% year on year, with a negative near-term trend.

Overall, Prerna Infrabuild's financial performance for the quarter ending December 2023 has been mixed, with some positive and negative aspects. Investors are advised to carefully consider these factors before making any decisions regarding the company's stock.
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