Ishaan Infrastructure and Shelters Q1 Results Reports a Net Loss of ₹5.21 Lakh and Minimal Revenue of ₹5.06 Lakh

Ishaan Infrastructure and Shelters has recently released its unaudited financial results for the first quarter of the fiscal year 2024-2025. For the quarter ending on June 30, 2024, the company reported minimal revenue from operations and other operating income, totaling ₹5.06 lakh.

This represents a slight increase from the ₹4.62 lakh recorded in the same quarter of the previous year. Despite this, the company faced higher expenses in areas such as employee benefits, finance costs, and other operational costs, which contributed to a net loss of ₹5.21 lakh for the quarter.

In its recent board meeting, Ishaan Infrastructure and Shelters also made some notable decisions. They appointed Mr. Sandeep Motilal Shah as the new Chairman and approved a change of the company's registered office within the same city.

Additionally, the board accepted the resignation of Zeel Sanjay Soni as Director. These changes come as part of the company's ongoing efforts to streamline operations and adapt to its current financial situation.

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Ishaan Infrastructure and Shelters Q1 Results 2024 - 2025

Here’s a summary of the financial performance of Ishaan Infrastructure and Shelters for the first quarter of the fiscal year 2024-2025:

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Ishaan Infrastructure and Shelters Current Market Overview

Ishaan Infrastructure and Shelters is currently trading at ₹8.50 per share, down by 1.39%. The company's market cap is ₹5.50 crore, and its stock price has ranged from a high of ₹9.19 to a low of ₹3.00. The book value of the stock is ₹10.40, but the company does not offer any dividends.

Financial metrics show a Return on Capital Employed (ROCE) of -1.28% and a Return on Equity (ROE) of -1.33%. For more details, you can visit their website or check their listing on the BSE under the code 540134.

Quarterly Results

Here are the quarterly results for Ishaan Infrastructure and Shelters for the periods ending December 2023, March 2024, and June 2024:

About Ishaan Infrastructure and Shelters 

Ishaan Infrastructure and Shelters is a company that specializes in construction and real estate. Founded in 1995 and based in Ahmedabad, Gujarat, the company focuses on buying, selling, and managing various types of properties, including land, buildings, and estates.

They handle both commercial and residential projects, offering services like construction, leasing, and property management. Over time, Ishaan Infrastructure and Shelters has expanded its operations to other cities, aiming to provide quality real estate solutions and build a strong presence in the industry.

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