Luharuka Media & Infra Shows Positive Growth

Luharuka Media & Infra, a microcap company in the films and entertainment industry, has recently declared its financial results for the quarter ended September 2023. According to the data released on November 3, 2023, the company's net sales have shown a growth of 25.00% quarter-on-quarter (QoQ) compared to a decline of 16.28% in the previous quarter. The standalone net profit has also increased by 37.50% QoQ, as opposed to a growth of 45.45% in the previous quarter.

The company's operating profit (PBDIT) excluding other income has shown a growth of 42.86% QoQ, compared to 31.25% in the previous quarter. It is worth noting that the company has not incurred any interest expenses in the last few periods, which has positively impacted its operating profit margin (excluding other income).

Despite a flat financial performance in the quarter, Luharuka Media has shown improvement in its overall score, increasing from 0 to 5 in the last three months. This indicates that the company is making progress in its operations.

One of the key factors contributing to Luharuka Media's positive performance is its strong operating cash flow, which has been the highest in the last three years at Rs 4.23 crore. The company has also shown a positive trend in its profit before tax (PBT) excluding other income, with the highest PBT of Rs 0.29 crore in the last five quarters. Similarly, the company's profit after tax (PAT) has also shown a positive trend, with the highest PAT of Rs 0.22 crore in the last five quarters. This has resulted in an increase in the company's earnings per share (EPS), which has been the highest at Rs 0.02 in the last five quarters.

Overall, Luharuka Media & Infra's financial results for the quarter ended September 2023 show positive growth and improvement in key financial indicators. This is a promising sign for the microcap company in the films and entertainment industry.