Informed Technologies India's Q4 financial results show mixed performance, with some areas of concern

May 30 2024 02:55 PM IST
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Informed Technologies India, a microcap company in the BPO/ITeS industry, has released its financial results for the quarter ending March 2024. The company's stock call by MarketsMojo is 'Sell', with a flat financial performance and a decrease in PBT. However, there is a growth in profits and concerns about non-operating income. Investors should carefully evaluate before investing.

Informed Technologies India, a microcap company in the BPO/ITeS industry, has recently declared its financial results for the quarter ending March 2024. According to the report released on May 30, 2024, the company's stock call by MarketsMOJO is 'Sell'.

The financial performance of Informed Technologies India for the quarter has remained flat, with a score of 4 out of 10, compared to 8 in the previous quarter. However, there are some positive aspects to the company's performance. The Half Yearly Profit After Tax (PAT) has increased to Rs 1.63 crore, which is higher than the preceding 12-month period ended March 2024, where it was Rs 1.07 crore. This indicates a growth in profits for the company.

On the other hand, there are some areas of concern for Informed Technologies India. The Quarterly Profit Before Tax less Other Income (PBT) has been the lowest in the last five quarters, at Rs -0.56 crore. This shows a negative trend in the near term for PBT. Additionally, the company's Non Operating Income for the quarter is 200% of the PBT, which suggests that a significant portion of the company's income is coming from non-business activities, which may not be sustainable in the long run.

Overall, Informed Technologies India's financial results for the quarter ending March 2024 have been mixed, with some positive and negative aspects. Investors are advised to carefully consider these factors before making any investment decisions.
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