Cyber Media (India) Reports Strong Financial Results for Q1 2024
Cyber Media (India) has announced its financial results for the quarter ending March 2024, showing a positive performance with a PAT of Rs 1.44 crore, the highest in the last five quarters. Net Sales have also seen a significant growth of 30.36% year on year, indicating a positive sales trend. MarketsMojo has given a 'Strong Sell' call for the company's stock based on these results.
Cyber Media (India), a microcap company in the printing and publishing industry, has recently announced its financial results for the quarter ending March 2024. The company has shown a positive performance in this quarter, with its score improving from 17 to 18 in the last three months.One of the key highlights of the financials is the company's Profit After Tax (PAT) for the quarter, which stands at Rs 1.44 crore, the highest in the last five quarters. This shows a consistent growth trend in each quarter. Additionally, the Net Sales for the nine-month period have also seen a significant growth of 30.36% year on year, indicating a positive sales trend in the near term.
The company's Operating Profit (PBDIT) for the quarter is also at its highest in the last five quarters, standing at Rs 2.11 crore. This shows a positive trend in the near term for the company's operating profit. Furthermore, the Operating Profit Margin for the quarter is also at its highest in the last five quarters, at 8.22%. This indicates an improvement in the company's efficiency.
Another positive aspect of the financials is the Profit Before Tax less Other Income (PBT) for the quarter, which is at its highest in the last five quarters, standing at Rs 1.82 crore. This shows a positive trend in the near term for the company's PBT.
Based on these financial results, MarketsMOJO has given a 'Strong Sell' call for Cyber Media Ind's stock. With a consistent growth trend in key financial metrics, the company seems to be on a positive trajectory. However, it is important to note that this article is based solely on the company's financial performance and does not include any external data or sources.
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