Gillanders Arbuthnot & Company Reports Decline in Financial Performance for Q1 2024

May 13 2024 09:45 PM IST
share
Share Via
Gillanders Arbuthnot & Company, a microcap company, has reported a negative performance in the quarter ending March 2024, with a score of -12. This is due to a decrease in net sales and a significant decline in profit before and after tax. The company's stock has been given a 'Strong Sell' call by MarketsMojo.

Gillanders Arbuthnot & Company, a diversified microcap company, has recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Strong Sell' call by MarketsMOJO.

According to the financial report, Gillanders Arbuthnot has seen a negative performance in the quarter, with a score of -12, which has improved from -20 in the last three months. This indicates a decline in the company's financial health.

One of the major factors contributing to this negative performance is the decrease in net sales, which has fallen by 26.1% compared to the average net sales of the previous four quarters. This trend is expected to continue in the near term.

The company's profit before tax (PBT) has also seen a significant decline of 36.2% compared to the average PBT of the previous four quarters. Similarly, the profit after tax (PAT) has also fallen by 183.5% compared to the average PAT of the previous four quarters.

In addition, the net sales for the quarter have been the lowest in the last five quarters, further indicating a negative trend in the company's sales performance. The earnings per share (EPS) for the quarter have also been the lowest in the last five quarters, showing a decline in profitability and lower earnings for shareholders.

Overall, the financial results for the quarter ending March 2024 have not been favorable for Gillanders Arbuthnot & Company. Investors should take note of the negative trends and the 'Strong Sell' call by MarketsMOJO before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News