Step Two Corp. Reports Positive Financial Results for Q1 2024 Despite 'Sell' Call from MarketsMOJO

Aug 09 2024 09:01 PM IST
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Step Two Corp., a microcap company in the finance/NBFC industry, has announced its financial results for the quarter ending March 2024. Despite a 'Sell' call from MarketsMojo, the company has shown positive growth in key financial indicators such as PBT, PAT, and EPS. This indicates a promising future for the company and its shareholders.
Step Two Corp., a microcap company in the finance/NBFC industry, has recently announced its financial results for the quarter ending March 2024. The results, declared on August 9, 2024, have received a 'Sell' call from MarketsMOJO.

Despite the negative sentiment from MarketsMOJO, Step Two Corp. has shown positive financial performance in the quarter. The company's score has improved from -9 to 10 in the last three months, indicating a significant growth.

One of the key factors contributing to this growth is the Profit Before Tax less Other Income (PBT) - Quarterly, which has seen a remarkable increase of 874.3% from the average PBT of the previous four quarters. This trend is expected to continue in the near term, making the PBT trend very positive.

Similarly, the Profit After Tax (PAT) - Quarterly has also shown a significant growth of 2513.8% from the average PAT of the previous four quarters. This trend is also expected to continue in the near term, making the PAT trend very positive.

Moreover, the Operating Profit (PBDIT) - Quarterly has reached its highest at Rs 2.10 cr in the last five quarters, indicating a positive trend in the near term. The same can be said for the Profit Before Tax less Other Income (PBT) - Quarterly and Profit After Tax (PAT) - Quarterly, which have also reached their highest in the last five quarters.

In addition, the company's Earnings per Share (EPS) - Quarterly has also shown a positive trend, reaching its highest at Rs 3.80 in the last five quarters. This indicates an increasing profitability and higher earnings for shareholders.

Overall, Step Two Corp. has shown a strong financial performance in the quarter ending March 2024, with positive trends in key financial indicators. This is a promising sign for the company and its shareholders.
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