Times Guaranty Reports Steady Performance and Growth in Financial Results

Times Guaranty, a microcap finance company, recently announced its financial results for the quarter ended March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO, a leading financial analysis platform.

Despite this, the company has shown a steady performance in the last quarter, with a score of 1 out of 5, compared to 3 out of 5 in the previous quarter. This indicates a flat performance, but it is still a positive sign for the company.

One of the key highlights of the financial results is the increase in Profit After Tax (PAT) for the nine-month period, which stands at Rs 1.30 crore, higher than the preceding 12-month period of Rs 1.13 crore. This shows a growth in the company's profitability, which is a good sign for investors.

Moreover, in just nine months, the company has already surpassed its sales from the previous 12 months, indicating a strong performance in terms of revenue generation.

Times Guaranty, being a microcap company, may not have the same level of investor interest or expert recommendations as larger companies in the finance industry. However, the company's financial results speak for themselves and show a promising future for the company.