Quarterly Financial Results of Dalal Street Investments Show Mixed Performance

Dalal Street Investments, a microcap finance and non-banking financial company, recently announced its financial results for the quarter ended December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financials, Dalal Street Investments has seen a flat performance in the quarter, with a score of 1 compared to 3 in the previous 3 months. However, there are some positive aspects to the company's performance. The half-yearly Profit After Tax (PAT) has increased to Rs 0.39 crore, which is higher than the preceding 12-month period of Rs 0.21 crore. This shows that the company has already surpassed its PAT for the previous year in just half the time.

On the other hand, there are some areas where Dalal Street Investments needs to improve. The quarterly Operating Profit (PBDIT) is at its lowest in the last five quarters, at Rs -0.09 crore. This indicates a negative trend in the near term. Similarly, the Profit Before Tax less Other Income (PBT) is also at its lowest in the last five quarters, at Rs -0.10 crore. This shows a negative trend in the near term for PBT as well.

Overall, Dalal Street Investments has had a mixed performance in the quarter ended December 2023. Investors should carefully consider these financials before making any investment decisions.