Navigant Corporate Advisors Reports Steady Half-Year Performance
Navigant Corporate Advisors Limited announced unaudited financial results for the half-year ended September 30. The company reported total revenue of 253.11 lacs with a profit of 50.26 lacs. Revenue from operations was 233.80 lacs, while other income stood at 19.31 lacs. Total expenses were 182.64 lacs, resulting in a profit before tax of 69.86 lacs. The company's balance sheet showed total assets of 1,424.19 lacs and shareholders' funds of 1,266.79 lacs. Despite market fluctuations, the company maintained profitability and a strong balance sheet position.
*this image is generated using AI for illustrative purposes only.
Navigant Corporate Advisors Limited has released its unaudited financial results for the half-year ended September 30, showcasing a stable performance amidst market fluctuations.
Financial Highlights
The company reported a total revenue of 253.11 lacs for the half-year, with a profit of 50.26 lacs. Here's a breakdown of the key financial metrics:
| Particulars | Half-Year Ended 30.09. (in lacs) |
|---|---|
| Revenue from Operations | 233.80 |
| Other Income | 19.31 |
| Total Revenue | 253.11 |
| Total Expenses | 182.64 |
| Profit Before Tax | 69.86 |
| Profit for the Period | 50.26 |
| Basic EPS (in ₹) | 1.59 |
Operational Performance
Navigant Corporate Advisors demonstrated resilience in its operations:
- Revenue Mix: The company's primary revenue came from operations, contributing 233.80 lacs, while other income stood at 19.31 lacs.
- Expense Management: Total expenses were contained at 182.64 lacs, reflecting efficient cost management.
- Profitability: The company maintained a healthy profit margin, with profit before tax at 69.86 lacs.
Balance Sheet Strength
As of September 30, Navigant Corporate Advisors reported:
- Total Assets: 1,424.19 lacs
- Shareholders' Funds: 1,266.79 lacs
- Current Assets: 791.21 lacs, including cash and bank balances of 124.96 lacs
Cash Flow Position
The company's cash flow statement revealed:
- Net Cash Flow from Operating Activities: 44.25 lacs
- Net Cash Flow from Investing Activities: -41.85 lacs
- Net Increase in Cash & Cash Equivalents: 2.40 lacs
Corporate Governance
The Board of Directors approved these results at their meeting held on November 10. The company also announced the closure of the trading window from October 1 to November 12, in compliance with regulatory requirements.
Market Implications
While the results show a slight decline in revenue compared to the previous half-year, Navigant Corporate Advisors has maintained profitability and a strong balance sheet position. The steady performance in a challenging market environment may be viewed positively by investors focusing on financial stability and consistent returns.
Historical Stock Returns for Navigant Corporate Advisors
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | 0.0% | 0.0% | -100.00% | -100.00% | -100.00% |
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