Informed Technologies India Reports Highest PAT in Five Quarters, Shows Positive Growth in BPO/ITeS Industry

Feb 05 2024 06:50 PM IST
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Informed Technologies India, a microcap company in the BPO/ITeS industry, has reported its financial results for the quarter ending December 2023. The company has shown positive performance with a significant increase in its Profit After Tax and Earnings per Share. MarketsMojo has given a 'Sell' call based on these financials.
Informed Technologies India, a microcap company in the BPO/ITeS industry, has recently announced its financial results for the quarter ending December 2023. The company has shown positive performance in this quarter, with its score improving from 3 to 8 in the last 3 months.

One of the key highlights of the financial results is the Profit After Tax (PAT) for the quarter, which stands at Rs 1.07 crore. This is the highest PAT recorded in the last five quarters, indicating a positive trend in the company's near-term profitability. Additionally, the company's Earnings per Share (EPS) for the quarter is also at its highest in the last five quarters, at Rs 2.57. This shows that Informed Technologies India has been able to create higher earnings for its shareholders.

Based on these financials, MarketsMOJO has given a 'Sell' call for Informed Technologies India's stock. 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. With its positive financial results, Informed Technologies India is showing promising growth in the BPO/ITeS industry.
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