Abhinav Leasing & Finance Reports Flat Performance for Q4, But Shows Positive Trend in Profitability

Abhinav Leasing & Finance, a microcap finance company, has recently announced its financial results for the quarter ended December 2023. The company has reported a flat performance for the quarter, with a score of -3, which has improved from -7 in the last three months.

Despite the overall flat performance, there are some positive aspects to note from the financial results. The company's Profit Before Tax (PBT) less Other Income has been the highest in the last five quarters at Rs 0.35 crore, indicating a positive trend in the near term. Similarly, the Profit After Tax (PAT) has also been the highest in the last five quarters at Rs 0.51 crore, with a positive trend in the near term. This shows that the company has been able to increase its profitability and create higher earnings for its shareholders.

However, the company's Net Sales for the quarter have fallen by -31.7% compared to the average Net Sales of the previous four quarters, at Rs 6.78 crore. This indicates a very negative trend in the near term for the company's sales.

MarketsMOJO, a leading stock analysis platform, has given a 'Sell' call for Abhinav Leasing's stock based on its financial performance for the quarter. Investors should carefully consider these financial results before making any investment decisions.