P.M. Telelinnks' Financial Results Show Significant Decline in Q1 2024.

May 31 2024 06:01 PM IST
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P.M. Telelinnks, a microcap company in the trading industry, reported a net sales of Rs 5.21 crore for the quarter ending March 2024, a decrease of 44.3% compared to the previous four quarters. The company's operating profit and net profit also saw a decline of 100.3% and 100.4% respectively. MarketsMojo has given a 'Strong Sell' call for the company, with a negative trend in the near term.
Operating Profit - Quarterly: At Rs -1.08 cr has Declined at -100.3 % over average Operating Profit of the previous four quarters of Rs 0.54 cr. Near term profitability trend is very negative.
Net Profit - Quarterly: At Rs -1.11 cr has Declined at -100.4 % over average Net Profit of the previous four quarters of Rs 0.55 cr. Near term profitability trend is very negative.
Earnings per share (EPS) - Quarterly: At Rs -0.01 has Declined at -100.4 % over average EPS of the previous four quarters of Rs 0.01. Near term profitability trend is very negative.

Despite these negative financial results, P.M. Telelinnks remains a microcap company in the trading industry. The company recently declared its financial results for the quarter ending March 2024, with a net sales of Rs 5.21 crore, a decrease of 44.3% compared to the previous four quarters. The operating profit also saw a decline of 100.3%, with a net loss of Rs 1.11 crore.

MarketsMOJO has given a 'Strong Sell' call for P.M. Telelinnks, based on their financial performance. The company's score has fallen from 0 to -7 in the last three months, indicating a negative trend in the near term. This is further supported by the fact that the net sales for the quarter were the lowest in the last five quarters.

It is important to note that this article is based on facts and does not include any external data or sources. It is not intended to provide any recommendations or discuss the potential of the company in the future. P.M. Telelinnks' financial performance for the quarter ending March 2024 has been declared and it remains to be seen how the company will improve its performance in the coming quarters.
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