Sastasundar Ventures Reports Mixed Financial Results for Q1 FY25

Sastasundar Ventures, a smallcap company in the finance/NBFC industry, has recently declared its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Strong Sell’ call by MarketsMOJO.

Despite the overall positive financial performance for the quarter, there are some areas of concern for Sastasundar Ventures. The company’s Profit Before Tax (PBT) has fallen by -159.39% Year on Year (YoY) and its Net Sales have also decreased by -19.57% YoY. This has resulted in a negative near term trend for PBT and sales.

However, there are also some positive aspects to the company’s financials. The Profit After Tax (PAT) for the quarter has seen a significant growth of 2201.5% YoY and the company’s Earnings per Share (EPS) have also increased, indicating higher profitability and value for shareholders.

It is worth noting that Sastasundar Ventures has recorded its highest PAT and EPS in the last five quarters. This shows that the company has been able to create higher earnings for its shareholders.

On the other hand, the company’s Non Operating Income, which includes income from non-business activities, is quite high at 117.39% of PBT. This may not be a sustainable business model and the recent increase in Non Operating Income may not be sustainable.

Overall, Sastasundar Ventures has shown a mixed performance in its financial results for the quarter ending June 2024. Investors should carefully consider all aspects before making any investment decisions.