Bodhi Tree Multimedia Shows Potential for Growth with Positive Q1 Results

Bodhi Tree Multimedia, a microcap company in the TV broadcasting and software industry, has recently announced its financial results for the quarter ending March 2024. The results, declared on August 14, 2024, have received a 'Strong Sell' call from MarketsMOJO.

Despite the negative score of -2, Bodhi Tree has shown a flat financial performance in the last quarter. However, there are some positive aspects to the company's financials based on the June 2024 results. The net sales for the quarter were Rs 21.86 crore, which is a growth of 36.4% compared to the average net sales of the previous four quarters, which stood at Rs 16.03 crore. This indicates a positive trend in near-term sales.

Similarly, the profit after tax (PAT) for the quarter was Rs 1.61 crore, showing a growth of 27.3% compared to the average PAT of the previous four quarters, which was Rs 1.27 crore. This also suggests a positive trend in near-term PAT.

While the overall financial performance of Bodhi Tree may not be impressive, these positive trends in net sales and PAT indicate potential for growth in the near future. Investors and stakeholders of the company will be closely monitoring its performance in the coming quarters.