Garment Mantra Lifestyle Reports Strong Financial Performance in Q4 2023

Garment Mantra Lifestyle, a microcap company in the textile industry, has recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Garment Mantra has shown a significant improvement in its performance, with a score of 22 compared to 8 in the previous quarter. This is a positive sign for the company and its investors.

One of the key factors contributing to this improvement is the Profit Before Tax less Other Income (PBT) which has grown by 788.89% year on year, reaching Rs 1.60 crore. The trend for PBT in the near term is also very positive. Similarly, the Profit After Tax (PAT) has also shown a growth of 584.2% year on year, with a current value of Rs 1.30 crore. The near term trend for PAT is also very positive.

The company's Operating Profit (PBDIT) for the quarter is at its highest in the last five quarters, at Rs 2.71 crore. This indicates a positive trend in the near term for the company's operating profit. The Operating Profit Margin has also reached its highest at 8.12% in the last five quarters, showing an improvement in the company's efficiency.

Overall, Garment Mantra Lifestyle has shown a positive financial performance in the quarter ending December 2023. With increasing profitability and higher earnings per share (EPS) of Rs 0.13, the company has created value for its shareholders.