Longspur Intl's Financial Report Shows Positive Growth in Profit and Sales

Longspur International Ventures, a microcap trading company, has recently announced its financial results for the quarter ending June 2024. The results, declared on July 25, 2024, have received a 'Sell' call from MarketsMOJO.

According to the financial report, Longspur Intl has shown a flat performance in the quarter, with the score remaining the same for the past three months. However, there are some positive aspects to the company's financials.

One of the highlights is the Profit After Tax (PAT) for the nine-month period, which has increased to Rs 0.14 crore compared to the preceding 12-month period ending June 2024, where it was at Rs -0.06 crore. This shows a significant improvement in the company's profitability. Additionally, in the nine-month period, Longspur Intl has already surpassed its sales from the previous 12 months.

While the overall financial performance may not be impressive, these specific numbers indicate that Longspur Intl is making progress and heading in the right direction. Investors and stakeholders can keep an eye on the company's future financial reports to see if this trend continues.