Umang Dairies reports strong financial performance in Q3 2023

Umang Dairies, a microcap FMCG company, has recently announced its financial results for the quarter ending December 2023. The company has shown a positive performance in this quarter, with its score improving from -10 to 7 in the last three months.

One of the key factors contributing to this improvement is the company's operating profit to interest ratio, which has been the highest in the last five quarters at 2.40 times. This indicates that Umang Dairies has been able to effectively manage its interest payments, which is a positive sign for investors.

Moreover, the company's operating profit (PBDIT) for this quarter has been the highest in the last five quarters at Rs 3.41 crore. This shows a positive trend in the near term for Umang Dairies' operating profit.

Another important aspect to note is the company's operating profit margin, which has been the highest in the last five quarters at 4.49%. This indicates an improvement in the company's efficiency.

In terms of profitability, Umang Dairies has also shown a positive trend in the near term. Its profit before tax less other income (PBT) for this quarter has been the highest in the last five quarters at Rs 0.76 crore. Similarly, the company's profit after tax (PAT) has also been the highest in the last five quarters at Rs 0.71 crore.

This has also translated into a higher earnings per share (EPS) for shareholders, with the company's EPS for this quarter being the highest in the last five quarters at Rs 0.32.

Overall, Umang Dairies has shown a strong financial performance in the quarter ending December 2023, with positive trends in key financial indicators. However, it is important to note that MarketsMOJO has given a 'Sell' call for the company's stock. Investors are advised to do their own research and make informed decisions before investing in Umang Dairies.