Active Clothing Co's Q4 financials show mixed results, with positive growth but also increased interest costs.

Active Clothing Co, a microcap textile company, has recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Active Clothing's performance for the quarter has been flat, with a score of 1 out of 20 in the last 3 months. However, there are some positive aspects to the company's financials. The Profit After Tax (PAT) for the nine-month period has shown a growth of 79.59% year on year, indicating a strong trend in the near term. Additionally, the PAT for the nine-month period is higher at Rs 3.52 crore compared to the previous 12-month period ending in December 2023, which was Rs 2.35 crore. This shows that the company has already surpassed its sales from the previous year in just nine months.

On the other hand, there are some concerns in Active Clothing's financials. The interest cost for the quarter has increased by 18.32% compared to the previous quarter, reaching a five-quarter high of Rs 2.39 crore. This could indicate increased borrowings by the company.

Overall, Active Clothing's financial performance for the quarter ending December 2023 has been mixed. While there are some positive trends, there are also some areas of concern. Investors are advised to carefully consider these factors before making any decisions regarding the company's stock.