GPT Healthcare Shows Strong Performance, Receives 'Hold' Call from MarketsMOJO

May 21 2024 07:15 PM IST
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The latest financial results show a strong operating profit to interest ratio and a significant increase in Profit After Tax, indicating a positive trend for the company's future.
GPT Healthcare, a smallcap company in the healthcare services industry, has recently declared its financial results for the quarter ending March 2024. The stock has been given a 'Hold' call by MarketsMOJO.

According to the financials, GPT Healthcare has shown a strong performance in terms of its operating profit to interest ratio, which is the highest in the last five quarters at 14.58 times. This indicates the company's ability to manage its interest payments is improving.

Moreover, the company's Profit After Tax (PAT) for the half-yearly period stands at Rs 24.29 crore, showing a growth of 29.82% year on year. This positive trend in PAT is expected to continue in the near term.

GPT Healthcare has been making strides in the healthcare services industry, with its efficient management of interest payments and consistent growth in profits. With a 'Hold' call from MarketsMOJO, investors can keep a close eye on the company's performance in the coming quarters.
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