NPR Finance Reports Mixed Results for Q1 2024, Investors Urged to Analyze Carefully

NPR Finance, a microcap finance company, recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, NPR Finance has seen a flat performance in the quarter, with a score of -3 compared to 7 in the previous quarter. However, there are some positive aspects to the company's financials. The operating profit (PBDIT) for the quarter was the highest in the last five quarters at Rs 0.38 crore, and the near-term trend for operating profit is positive. Similarly, the profit before tax less other income (PBT) was also the highest in the last five quarters at Rs 0.21 crore, with a positive near-term trend.

In terms of profitability, NPR Finance has shown improvement in the nine-month period, with a profit after tax (PAT) of Rs 0.36 crore, higher than the previous 12-month period ending June 2024. This indicates that the company has already surpassed its sales from the previous year in just nine months.

However, there are some areas of concern for NPR Finance. The net sales for the nine-month period have decreased by 48.89% year on year, and the PAT has also seen a similar decline. This negative trend in sales and profitability is a cause for concern for the company.

Overall, NPR Finance's financial performance for the quarter ending March 2024 has been mixed, with some positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.