Luharuka Media's Q1 FY25 Results Show Positive Growth Despite 'Sell' Call from MarketsMOJO

Luharuka Media & Infra, a microcap company in the films and entertainment industry, has recently announced its financial results for the quarter ending March 2024. The results, declared on July 29, 2024, have received a ‘Sell’ call from MarketsMOJO.

Despite the negative sentiment surrounding the company in the past, Luharuka Media has shown a positive financial performance in the quarter ending June 2024. The company’s score has improved from -1 to 7 in the last three months, indicating a significant improvement in its financials.

One of the key factors contributing to this positive performance is the company’s operating profit (PBDIT), which has been the highest in the last five quarters at Rs 0.83 crore. The near-term trend for operating profit is also positive, indicating a potential for continued growth.

Similarly, Luharuka Media’s profit before tax less other income (PBT) has also been the highest in the last five quarters at Rs 0.82 crore. The near-term trend for PBT is also positive, suggesting a strong financial outlook for the company.

The company’s profit after tax (PAT) has also seen a significant improvement, with the highest in the last five quarters at Rs 0.61 crore. The near-term trend for PAT is positive, indicating a potential for higher profitability in the future.

Furthermore, Luharuka Media’s earnings per share (EPS) have also been the highest in the last five quarters at Rs 0.07. This indicates that the company has been able to create higher earnings for its shareholders, showcasing its potential for growth and profitability.

Overall, Luharuka Media’s financial results for the quarter ending March 2024 have been positive, with a potential for continued growth in the near future. However, it is important to note that MarketsMOJO has given a ‘Sell’ call for the company’s stock, and investors should carefully consider their options before making any investment decisions.