Sampre Nutrition's Q4 financial results show mixed performance, MarketsMOJO issues 'Sell' call
Sampre Nutrition, a microcap company in the FMCG industry, has reported its financial results for the quarter ending December 2023. While there is a positive trend in profitability with an increase in PAT, there is also a decline in net sales and a negative trend in the company's score. MarketsMojo has given a 'Sell' call for the stock.
Despite the mixed financial results, MarketsMOJO has given a 'Sell' call for Sampre Nutrition's stock. This could be due to the decline in net sales and the negative trend in the company's score. However, there are some positive aspects to the financial results, such as an increase in profit after tax compared to the previous year.
Sampre Nutrition, a microcap company in the FMCG industry, has recently declared its financial results for the quarter ending December 2023. The company's score has fallen from -1 to -2 in the last 3 months, indicating a flat performance.
One of the highlights of the financial results is the increase in Profit After Tax (PAT) for the half-yearly period. The company has recorded a PAT of Rs 0.56 crore, which is higher than the preceding 12-month period. This shows a positive trend in the company's profitability.
However, the net sales for the quarter have fallen by 18.6% compared to the average of the previous four quarters. This could be a cause for concern as it indicates a negative trend in the company's sales.
Despite the mixed financial results, MarketsMOJO, a leading financial analysis platform, has given a 'Sell' call for Sampre Nutrition's stock. This could be due to the decline in net sales and the negative trend in the company's score.
Overall, the financial results for the quarter ending December 2023 show a mixed performance for Sampre Nutrition. Investors should carefully consider all aspects before making any investment decisions.
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