Trio Mercantile & Trading Reports Stable Financial Performance in Q4 2023

Feb 13 2024 04:05 PM IST
share
Share Via
Trio Mercantile & Trading, a microcap finance company, has reported a flat performance in the last quarter of 2023. However, the company's overall score has improved from -3 to 4 in the last three months. Key financial indicators such as operating profit, profit before tax, and earnings per share have shown positive trends, indicating a stable financial performance. Investors should monitor the company's future performance for informed decision-making.
Trio Mercantile & Trading, a microcap finance company, has recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Trio Merc. Trad. has shown a flat performance in the last quarter of 2023. However, there has been an improvement in the company's overall score, which has increased from -3 to 4 in the last three months.

One of the key factors contributing to this improvement is the company's operating profit (PBDIT), which has been the highest in the last five quarters at Rs -0.09 crore. The near-term trend for operating profit is also positive. Similarly, the profit before tax less other income (PBT) has also been the highest in the last five quarters at Rs -0.09 crore, with a positive trend in the near term. The profit after tax (PAT) has also shown a positive trend, with the highest value of Rs 0.15 crore in the last five quarters. The earnings per share (EPS) have also increased, with the highest value of Rs 0.02 in the last five quarters, indicating a rise in profitability and creating higher earnings for shareholders.

Overall, Trio Mercantile & Trading has shown a stable financial performance in the last quarter, with positive trends in key financial indicators. Investors may want to keep an eye on the company's future performance to make informed decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News