Maha Rashtra Apex Corporation Reports Negative Financial Results for Q4 2023

Maha Rashtra Apex Corporation, a microcap finance company, recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financials, Maha Rashtra Apx has seen a negative performance in the quarter, with a score of -9 compared to 0 in the previous 3 months. This indicates a decline in the company's financial health.

One of the major factors contributing to this negative performance is the Profit Before Tax less Other Income (PBT) which has fallen to -90.20 crore, a decrease of 19724.2% from the average PBT of the previous four quarters. This trend is expected to continue in the near term.

Similarly, the Profit After Tax (PAT) has also seen a significant decline of 19625.4% compared to the average PAT of the previous four quarters. The current PAT stands at -90.07 crore, indicating a negative trend in the company's profitability.

Moreover, the company's PBT has hit its lowest point in the last five quarters at -90.20 crore, further highlighting the negative trend in its financial performance.

The Earnings per Share (EPS) for the quarter has also seen a decline, reaching its lowest point in the last five quarters at -63.66. This indicates a decrease in profitability and lower earnings for shareholders.

Overall, the financial results for the quarter ending December 2023 have not been favorable for Maha Rashtra Apex Corporation. Investors are advised to carefully consider these factors before making any investment decisions.