Integra Essentia's Q4 2023 Financial Report Shows Decline in Key Indicators

Integra Essentia, a microcap textile company, recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Integra Essentia's performance has remained flat in the last quarter of 2023, with a score of -1 compared to 17 in the previous quarter. This indicates a decline in the company's financial health.

The company's Profit Before Tax less Other Income (PBT) for the quarter was at Rs -0.83 crore, showing a significant decrease of -165.87% compared to the same period last year. The trend for PBT in the near term is also negative. Similarly, the Profit After Tax (PAT) for the quarter was at Rs 0.71 crore, showing a decline of -68.3% compared to the previous year. The near term trend for PAT is also negative.

Integra Essentia's Operating Profit (PBDIT) for the quarter was at its lowest in the last five quarters, at Rs 0.25 crore. The near term trend for Operating Profit is also negative. The company's Operating Profit Margin for the quarter was at its lowest in the last five quarters, at 0.40%. This indicates a decline in the company's efficiency.

The company's Non Operating Income for the quarter was at 187.37% of its Profit Before Tax (PBT). This suggests that the company's income from non-business activities is high, which may not be a sustainable business model.

The Earnings per Share (EPS) for the quarter was at its lowest in the last five quarters, at Rs 0.01. This indicates a decline in the company's profitability and lower earnings for shareholders.

Overall, Integra Essentia's financial performance for the quarter ending December 2023 has been disappointing, with negative trends in key financial indicators. Investors are advised to hold their stock and closely monitor the company's future financial reports.