Rander Corporation's Q1 FY25 Financial Report Shows Mixed Results

Aug 14 2024 11:55 PM IST
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Rander Corporation, a microcap real estate company, reported its financial results for the quarter ending March 2024. While the company's Profit After Tax (PAT) for the nine-month period was higher compared to the previous year, its Operating Profit (PBDIT) and Profit Before Tax less Other Income (PBT) were the lowest in the last five quarters. The company's Earnings per Share (EPS) also showed a decline. Investors should carefully evaluate these factors before making any investment decisions.

Rander Corporation, a microcap real estate company, recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Rander Corporation’s performance for the quarter has been flat, with a score of -2 compared to 11 in the previous quarter. However, there are some positive aspects to the company’s financials. The Profit After Tax (PAT) for the nine-month period was higher at Rs 1.26 crore compared to the preceding 12-month period of Rs 0.76 crore. This indicates that the company has already surpassed its sales from the previous year.


On the other hand, there are some areas that need improvement for Rander Corporation. The Operating Profit (PBDIT) for the quarter was the lowest in the last five quarters at Rs 0.10 crore, indicating a negative trend in the near term. Similarly, the Profit Before Tax less Other Income (PBT) for the quarter was also the lowest in the last five quarters at Rs 0.10 crore, with a negative trend in the near term. The company’s Earnings per Share (EPS) for the quarter was also the lowest in the last five quarters at Rs 0.06, showing a decline in profitability and lower earnings for shareholders.


Overall, Rander Corporation’s financial performance for the quarter ending March 2024 has been mixed, with some positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.


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