Gothi Plascon's Q1 2024 Financial Results Show Decline in Performance

May 03 2024 06:25 PM IST
share
Share Via
Gothi Plascon (India), a microcap company in the plastic products industry, reported a flat performance for the quarter ending March 2024 with a score of -3 compared to 1 in the previous quarter. The company's operating profit and profit before tax have been the lowest in the last five quarters, indicating potential challenges and a decline in profitability.

Gothi Plascon (India), a microcap company in the plastic products industry, recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Gothi Plascon's performance for the quarter has been flat, with a score of -3 compared to 1 in the previous quarter. This indicates a decline in the company's financial health over the last three months.

One of the major factors contributing to this decline is the company's operating profit (PBDIT), which has been the lowest in the last five quarters at Rs 0.31 crore. The trend for near-term operating profit is also negative, indicating potential challenges for the company in the coming months.

Similarly, the profit before tax (PBT) less other income has also been the lowest in the last five quarters at Rs 0.23 crore. This trend is also negative, suggesting a potential decrease in profitability for the company.

The earnings per share (EPS) for the quarter have also been the lowest in the last five quarters at Rs -0.23. This indicates a decline in profitability and lower earnings for shareholders.

Overall, the financial results for the quarter ending March 2024 have not been favorable for Gothi Plascon. The company will need to address these challenges and work towards improving its financial performance in the future.
{{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