DB Intl.Stock reports strong growth in PAT and Net Sales, PBT shows decline

DB (International) Stock Brokers, a microcap company in the finance/NBFC industry, has recently announced its financial results for the quarter ending March 2024. The results, declared on April 30, 2024, have received a 'Hold' call from MarketsMOJO.

According to the financials, DB Intl.Stock has shown a positive performance in the quarter, with a score of 17 compared to 24 in the previous 3 months. The company's Profit After Tax (PAT) for the half-yearly period has grown by 103.88% year on year, indicating a very positive trend. Additionally, the quarterly Net Sales have also seen a growth of 51.3% over the average of the previous four quarters, with the highest sales of Rs 14.71 crore in the last five quarters.

However, the company's Profit Before Tax less Other Income (PBT) for the quarter has fallen by -5.9% over the average of the previous four quarters. This indicates a negative trend in the near term for PBT.

Overall, DB Intl.Stock has shown a positive financial performance in the quarter ending March 2024, with a strong growth in PAT and Net Sales. However, the decline in PBT is a cause for concern and will need to be monitored closely. Investors are advised to hold their stocks in DB Intl.Stock for now, as recommended by MarketsMOJO.