Indian Infotech's Q3 Financial Results Show Strong Growth and Positive Trend
Indian Infotech, a microcap company in the trading industry, has recently announced its financial results for the quarter ended December 2023. The company's stock has been given a 'Hold' call by MarketsMOJO.According to the financial report, Indian Infotech has shown positive performance in the quarter, with a consistent score in the last three months. The company's net sales for the half-yearly period have grown by 149.13% year on year, indicating a strong sales trend. Similarly, the profit after tax (PAT) for the same period has also shown a significant growth of 99.20% year on year, with a very positive trend.
In addition, the company's PAT for the half-yearly period is higher at Rs 7.43 crore compared to the preceding 12-month period ended December 2023, which was Rs 1.94 crore. This shows a remarkable improvement in the company's profitability in just six months.
Indian Infotech's financial results reflect a strong and positive performance, which is a good sign for the company and its investors. With a 'Hold' call from MarketsMOJO, it will be interesting to see how the company continues to grow and perform in the future.
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