LKP Finance Reports Strong Financial Performance in Q3 2023, Positive Trend in PBT, PAT, and Net Sales
LKP Finance, a microcap finance company, has reported a positive financial performance in the quarter ended December 2023. The company's PBT and PAT have shown significant growth compared to the previous four quarters, and Net Sales have also increased. MarketsMojo has given a 'Hold' call for the stock.
LKP Finance, a microcap finance company, has recently announced its financial results for the quarter ended December 2023. The company has shown a positive performance in this quarter, with its score improving from 38 to 18 in the last 3 months, according to MarketsMOJO.One of the key highlights of the financials is the growth in Profit Before Tax (PBT) and Profit After Tax (PAT). The PBT for the quarter was Rs 19.91 crore, which is a significant increase of 70.0% compared to the average PBT of the previous four quarters, which was Rs 11.71 crore. Similarly, the PAT for the quarter was Rs 15.41 crore, showing a growth of 63.4% over the average PAT of the previous four quarters, which was Rs 9.43 crore. This indicates a very positive trend in the near term for the company.
Another positive aspect of the financials is the growth in Net Sales, which stood at Rs 19.90 crore for the quarter, a 37.5% increase over the average Net Sales of the previous four quarters, which was Rs 14.47 crore. This shows a positive trend in the near term for the company's sales.
Overall, LKP Finance has shown a strong financial performance in the quarter ended December 2023. With a positive trend in PBT, PAT, and Net Sales, the company seems to be on a steady growth path. MarketsMOJO has given a 'Hold' call for the stock, indicating a neutral stance. Investors can keep an eye on the company's future financial results to make informed decisions.
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