Aastamangalam Finance Reports Positive Financial Results for Q4 2023

Aastamangalam Finance, a microcap finance company, has recently announced its financial results for the quarter ending December 2023. The company has shown a positive performance in this quarter, with its score improving from 2 to 7 in the last 3 months.

One of the key highlights of the financials is the growth in Profit Before Tax less Other Income (PBT) which has increased by 203.0% to Rs 1.75 crore compared to the average PBT of the previous four quarters which was Rs 0.58 crore. This indicates a very positive trend in the near term for PBT.

Another positive aspect is the Operating Profit (PBDIT) which has been the highest in the last five quarters at Rs 2.15 crore. This also shows a positive trend in the near term for Operating Profit.

The company's Profit Before Tax less Other Income (PBT) has also been the highest in the last five quarters at Rs 1.75 crore, indicating a positive trend in the near term for PBT.

In terms of Profit After Tax (PAT), Aastamangalam Finance has recorded its highest figure in the last five quarters at Rs 1.31 crore. This further reinforces the positive trend in the near term for PAT.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Aastamangalam Finance's stock. Investors should keep a close eye on the company's performance in the coming quarters to make informed decisions.