Som Datt Finance Corporation Reports Strong Financial Performance in Q4 2023

Som Datt Finance Corporation, a microcap finance company, has recently announced its financial results for the quarter ended December 2023. The company has shown positive performance in this quarter, with a steady score in the last three months.

According to the financials, Som Datt Finance has seen a significant growth in its net sales for the half-yearly period, with a 49.91% increase year on year. The near-term sales trend is also very positive, indicating a strong performance in the coming months.

The company's operating profit (PBDIT) for the quarter has been the highest in the last five quarters, at Rs 4.04 crore. The near-term trend for operating profit is also positive, showing a promising outlook for the company.

Similarly, the profit before tax (PBT) less other income for the quarter has also been the highest in the last five quarters, at Rs 4.04 crore. The near-term trend for PBT is positive, indicating a strong financial performance for the company.

The profit after tax (PAT) for the quarter has also been the highest in the last five quarters, at Rs 3.56 crore. The near-term trend for PAT is positive, showing a consistent growth in profitability for the company.

With the highest earnings per share (EPS) in the last five quarters, at Rs 3.56, Som Datt Finance has shown an increasing profitability and has created higher earnings for its shareholders. However, it is important to note that MarketsMOJO has given a 'Strong Sell' call for the company's stock, indicating caution for potential investors.