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PVV Infra Q2 Results Revenue Falls to ₹3.53 Crores Amidst Declining Sales

PVV Infra Q2 Results show a Revenue from operations of ₹353.11 lakhs, a significant decrease from ₹2138.51 lakhs in the previous quarter and they reported a Profit After Tax of ₹1.54 lakhs.  

by Ruksana

Updated Oct 15, 2024

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PVV Infra Q2 Results Revenue Falls to ₹3.53 Crores Amidst Declining Sales

PVV Infra Q2 Results

PVV Infra Q2 Results: The financial results for PVV Infra for the quarter ending September 30, 2024, show some key changes compared to previous periods. The company’s revenue from operations for this quarter was ₹353.11 lakhs, which is a significant drop from ₹2138.51 lakhs in the previous quarter (June 2024) and ₹2336.18 lakhs in the same quarter last year (September 2023). This indicates a decrease in the company’s sales and business activity.

PVV Infra’s Other income for this quarter was ₹0, meaning there were no additional earnings outside of the main operations. Despite lower revenue, the total expenses were controlled, with the operating expenditure standing at ₹292.16 lakhs, down from ₹1544.02 lakhs last quarter and ₹2293.15 lakhs in the same period last year.

PVV Infra reported a small profit before tax of ₹1.81 lakhs, a significant drop from ₹567.13 lakhs in the June 2024 quarter. However, this is still better than the profit of ₹38.45 lakhs from September 2023. After accounting for tax expenses, the profit for the period is ₹1.54 lakhs. This figure shows a decrease from ₹482.06 lakhs last quarter, but it's still higher than the ₹32.68 lakhs profit from the same period last year.

Here is a summary of the standalone unaudited financial results for the quarter ended 30th September 2024 (Rs in Lakhs):

Particulars

30-Sep-2024 (Q2)

30-Jun-2024 (Q1)

30-Sep-2023 (Q2)

Half-Year 2024

Half-Year 2023

31-Mar-2024 (FY)

Revenue from Operations

353.11

2138.51

2336.18

2491.63

5723.86

8792.06

Other Income

0.00

0.00

0.00

0.00

3.56

112.98

Total Revenue (I+II)

353.11

2138.51

2336.18

2491.63

5727.42

8905.04

Operating Expenditure

292.16

1544.02

2293.15

1836.18

5677.88

8239.62

Employee Benefits Expense

9.48

13.51

4.52

22.99

7.07

88.35

Finance Costs

0.00

0.00

0.00

0.00

0.00

0.21

Depreciation & Amortization

0.00

0.00

0.00

0.00

0.01

0.01

Other Expense

49.66

13.85

0.06

63.51

2.82

213.34

Total Expenses

351.30

1571.38

2297.73

1922.68

5687.78

8541.53

Profit/(Loss) Before Tax

1.81

567.13

38.45

568.95

39.64

363.51

Tax Expense

0.27

85.07

5.77

85.34

5.95

54.53

Profit After Tax

1.54

482.06

32.68

483.61

33.69

308.98

Other Comprehensive Income

0.00

0.00

0.00

0.00

0.00

0.00

Source: Here 

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PVV Infra Stock Performance

The table provides key financial information about PVV Infra, a company with a market capitalization of ₹43.6 crore, meaning this is the total value of all its shares. The current stock price is ₹7.57, and over the past year, the highest price was ₹17.9, while the lowest was ₹6.54. The company's Price-to-Earnings (P/E) ratio is 5.74, showing how much investors are willing to pay for each rupee of earnings. The Book Value is ₹10, indicating the company's net worth per share. 

Here is a summary of the stock details based on the information you provided:

Metric

Value

Market Cap

₹ 43.6 Cr.

Current Price

₹ 7.57

52 Week High / Low

₹ 17.9 / ₹ 6.54

Stock P/E

5.74

Book Value

₹ 10.0

Dividend Yield

0.00%

Return on Capital Employed (ROCE)

9.26%

Return on Equity (ROE)

8.15%

Face Value

₹ 10.0

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Quarterly Results 

PVV Infra’s financial performance for March 2024, June 2024, and September 2024 shows significant variation. In March 2024, the company made sales of ₹12.15 crores, with a profit of ₹2.32 crores, resulting in a solid operating profit margin (OPM) of 19.09%. By June 2024, sales increased to ₹21.39 crores, and the profit also rose to ₹5.67 crores, with a higher OPM of 26.51%, indicating strong growth. However, in September 2024, sales dropped sharply to ₹3.53 crores, and profit fell to just ₹0.02 crores, with a very low OPM of 0.57%. 

Here is the financial summary for Mar 2024, Jun 2024, and Sep 2024:

(Rs. Crores)

Particulars

Mar 2024

Jun 2024

Sep 2024

Sales

12.15

21.39

3.53

Expenses

9.83

15.72

3.51

Operating Profit

2.32

5.67

0.02

OPM %

19.09%

26.51%

0.57%

Other Income

-0.17

0.00

0.00

Profit Before Tax

2.15

5.67

0.02

Net Profit

1.83

4.82

0.02

EPS (Rs.)

0.33

0.84

0.00

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About PVV Infra 

PVV Infra is a company that specializes in building infrastructure projects. Established in 1995, it has gone through several name changes before becoming PVV Infra in 2014. The company focuses on constructing multi-storied commercial and residential buildings, landscaping, and duplex housing.

PVV Infra also works on housing projects for people from different income groups, including Economically Weaker Sections (EWS), low, middle, and high-income families. With years of experience, PVV Infra plays an important role in developing affordable and quality housing solutions, making it a key player in the real estate and infrastructure industry.


PVV Infra Q2 Results - FAQs

1. What was PVV Infra's revenue from operations in Q2 2024?  

PVV Infra's revenue from operations in Q2 2024 was ₹353.11 lakhs.

2. How much did PVV Infra's revenue decrease compared to Q1 2024?

PVV Infra's revenue decreased by ₹1785.40 lakhs from Q1 2024.

3. What was PVV Infra's total revenue for the half-year ending September 2024?

PVV Infra's total revenue for the half-year was ₹2491.63 lakhs.

4. What was the operating expenditure of PVV Infra in Q2 2024?

PVV Infra's operating expenditure in Q2 2024 was ₹292.16 lakhs.

5. How much did PVV Infra earn in profit before tax for Q2 2024?

PVV Infra reported a profit before tax of ₹1.81 lakhs in Q2 2024.

6. What was PVV Infra's profit after tax in Q2 2024?

PVV Infra's profit after tax in Q2 2024 was ₹1.54 lakhs.

7. How much did PVV Infra's profit before tax fall compared to Q1 2024?

PVV Infra's profit before tax fell by ₹565.32 lakhs compared to Q1 2024.

8. What were PVV Infra's total expenses in Q2 2024?

PVV Infra's total expenses in Q2 2024 were ₹351.30 lakhs.

9. How much other income did PVV Infra report in Q2 2024?  

PVV Infra reported ₹0.00 in other income for Q2 2024.

10. What was the employee benefits expense for PVV Infra in Q2 2024?  

PVV Infra's employee benefits expense in Q2 2024 was ₹9.48 lakhs.

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