Hindustan Media Ventures sees negative financial performance, potential for future strain

This could lead to financial strain in the long run.
Hindustan Media Ventures, a microcap company in the printing and publishing industry, has recently announced its financial results for the quarter ending December 2023. According to the report, the company has seen a negative financial performance with a score of -6, a decrease from -5 in the last three months.

One of the major factors contributing to this decline is the company's Profit After Tax (PAT) for the quarter, which has fallen to -0.82 crore, a decrease of 128.7% compared to the average PAT of the previous four quarters, which was 2.86 crore. This indicates a significant decrease in profitability in the near term.

Another concerning aspect of the financial report is the company's interest expenses, which have grown by 42.80% over the previous half-year period. This increase in interest costs suggests that the company has taken on more borrowings, which could potentially lead to financial strain in the long run.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Hindustan Media's stock. This indicates that investors should be cautious and consider selling their shares in the company. However, it is important to note that this is not a recommendation from experts or investors, but rather a fact-based analysis of the company's financial performance.