Sanathnagar Enterprises Q1 Results Reported No Revenue With A Net Loss Of ₹5.44 Lakhs

Sanathnagar Enterprises Q1 Results: Sanathnagar Enterprises announced its Q1 results on July 17, 2024, showing a challenging financial performance for the quarter ended June 30, 2024. The company reported no revenue from operations and a total income of ₹0.96 lakhs, indicating a sharp drop in earnings.

This marks a significant decline compared to the previous quarter ended March 31, 2024, where the total income was ₹231.19 lakhs, representing a decrease of 99.58% quarter-over-quarter (QoQ). The limited income was primarily generated from other sources, reflecting the company's ongoing challenges in generating core business revenue.

The expenses for the quarter were significantly reduced, with total expenses amounting to ₹5.44 lakhs, a notable decrease of 85.23% QoQ compared to ₹36.80 lakhs in the previous quarter. Despite the lower expenses, the company posted a net loss of ₹5.44 lakhs, reversing from a profit of ₹184.94 lakhs in the last quarter.

This resulted in a negative earnings per share (EPS) of ₹(0.17) for Q1, down from a positive EPS of ₹5.87 in Q4 2023-2024. The results reflect the company's struggle to generate revenue from its core operations while maintaining a focus on managing expenses.

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Sanathnagar Enterprises Q1 Results 2024 - 2025

Sanathnagar Enterprises Q1 Results 2024-2025 reflect a challenging quarter for the company, with no revenue from its core operations. The total income fell drastically compared to the previous quarter, primarily due to a lack of sales and reduced other income. Below is a summary of the key financial figures for the quarter ended June 30, 2024:

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Sanathnagar Enterprises Current Market Overview

Sanathnagar Enterprises currently trades at ₹42.9 per share, reflecting a decrease of 2.32%. The company's market capitalization stands at ₹13.5 crore, with a 52-week high of ₹87.6 and a low of ₹16.0.

Despite its negative book value of ₹-28.8, the company shows a strong Return on Capital Employed (ROCE) of 65.5%, but it has not declared any dividends, as indicated by a 0.00% dividend yield. The stock has a price-to-earnings (P/E) ratio of 4.69, suggesting it may be undervalued compared to its earnings.

Quarterly Results

Here is a summary of the quarterly results for Sanathnagar Enterprises for the last three quarters:

The quarterly performance for Sanathnagar Enterprises over the past three periods shows a mix of changes in income and expenses. Below is a detailed breakdown for December 2023, March 2024, and June 2024:

About Sanathnagar Enterprises

Sanathnagar Enterprises is a real estate company that has been in operation since 1947. The company focuses on property development and construction projects. It successfully completed a project in Hyderabad, which has been fully sold out and is currently exploring new opportunities in the real estate market.

Sanathnagar Enterprises is a subsidiary of Macrotech Developers Limited, with its ultimate holding company being Sambhavnath Infrabuild and Farms Private Limited. In 2022, the company approved a merger scheme to combine with Roselabs Finance Limited and National Standard Limited, aligning itself more closely with Macrotech Developers.

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