Millennium Online Solutions reports improved financial performance in Q4 2023

Millennium Online Solutions (India), a microcap company in the finance/NBFC industry, has recently announced its financial results for the quarter ending December 2023. The results, declared on February 14, 2024, have received a 'Sell' call from MarketsMOJO.

Despite the negative stock call, the company has shown a flat financial performance in the last quarter. However, there has been an improvement in the overall score, which has increased from -1 to 3 in the last three months.

One of the key factors contributing to this improvement is the company's operating profit (PBDIT), which has been the highest in the last five quarters at Rs -0.04 crore. The near-term trend for operating profit is also positive. Similarly, the profit before tax less other income (PBT) and profit after tax (PAT) have also shown an upward trend, with the highest figures in the last five quarters. This indicates a positive outlook for the company's profitability in the near future.

Moreover, the earnings per share (EPS) have also increased, with the highest figure of Rs -0.01 in the last five quarters. This shows that the company has been able to generate higher earnings for its shareholders.

Overall, while the stock call may be negative, Millennium Online Solutions has shown promising financial results for the quarter ending December 2023. With a positive trend in key financial indicators, the company seems to be on the right track towards profitability.