ISL Consulting Reports Positive Quarter with Strong Net Sales Growth

May 22 2024 08:45 PM IST
share
Share Via
ISL Consulting, a microcap company in the finance/NBFC industry, has announced its financial results for the quarter ending March 2024. Despite a 'Sell' stock call from MarketsMojo, the company has shown positive growth in net sales, with a 192.20% increase year on year. However, PBT and PAT have seen a decline, indicating a negative trend in the near term. Investors should monitor the company's future performance.

ISL Consulting, a microcap company in the finance/NBFC industry, has recently announced its financial results for the quarter ending March 2024. The results have been declared on May 22, 2024, and according to MarketsMOJO, the stock call for ISL Consulting is 'Sell'.

Despite the negative stock call, ISL Consulting has shown positive financial performance in the quarter ending March 2024. The company's score has fallen from 15 to 10 in the last three months, indicating a positive trend.

One of the key factors contributing to this positive trend is the company's net sales, which have grown by 192.20% year on year, reaching Rs 19.49 crore in the half-yearly period. This is a significant increase compared to the previous 12-month period, where the net sales were Rs 11.38 crore. This shows a strong and positive sales trend for ISL Consulting.

On the other hand, the company's profit before tax less other income (PBT) has fallen by -210.8% in the quarter ending March 2024, compared to the average PBT of the previous four quarters. Similarly, the profit after tax (PAT) has also fallen by -292.8% in the same quarter, compared to the average PAT of the previous four quarters. This indicates a negative trend in the near term for ISL Consulting.

Despite the negative trends in PBT and PAT, ISL Consulting has shown strong growth in net sales, which is a positive sign for the company. Investors should keep an eye on the company's future financial performance to make informed decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News