Qgo Finance Reports Strong Financial Performance in Q4 2023

Qgo Finance, a microcap finance company, has recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financials, Qgo Finance has shown positive performance in the quarter, with a score of 11, which is an improvement from the previous score of 14 in the last three months.

The company's operating profit (PBDIT) for the quarter was the highest at Rs 3.21 crore and has shown growth in each of the last five quarters. This indicates a positive trend in the near term for Qgo Finance's operating profit.

Similarly, the profit after tax (PAT) for the quarter was also the highest at Rs 0.69 crore and has shown growth in each of the last five quarters. This reflects a very positive trend in the near term for Qgo Finance's profitability.

In terms of net sales, the company has shown a growth of 20.83% year on year (YoY) at Rs 7.02 crore in the half-yearly period. This indicates a positive trend in the near term for Qgo Finance's sales.

Moreover, the profit before tax less other income (PBT) for the quarter was the highest at Rs 0.91 crore in the last five quarters, showing a positive trend in the near term for Qgo Finance's PBT.

The company's earnings per share (EPS) for the quarter were the highest at Rs 0.99 in the last five quarters, indicating an increase in profitability and higher earnings for shareholders.

Overall, Qgo Finance has shown a positive financial performance in the quarter ending December 2023, with a positive trend in its operating profit, PAT, net sales, PBT, and EPS.