First Fintec Reports Positive Growth in Q3.

First Fintec, a microcap IT software company, has recently announced its financial results for the quarter ended September 2023. The company reported a 10.26% growth in net sales compared to the previous quarter, which saw a decline of 75.78%. This is a positive sign for the company, indicating a recovery in its sales performance.
The standalone net profit also showed a significant improvement, with a growth of 135.71% in the September quarter compared to 12.50% in the previous quarter. This growth can be attributed to the company's efforts in cost-cutting and streamlining its operations.

The operating profit margin, excluding other income, also saw an improvement in the September quarter compared to the previous quarter. This indicates that the company's operational efficiency has improved, leading to better profitability.

However, despite these positive results, MarketsMOJO has given a 'Sell' call for First Fintec's stock. This could be due to various factors such as market conditions, competition, and other external factors.

Overall, First Fintec has shown a flat financial performance in the September quarter, with no major changes in its score. Investors should carefully consider all factors before making any investment decisions.