Virgo Global Reports Significant Growth in Net Sales, But Decline in Profitability
Virgo Global, a microcap IT software company, has recently announced its financial results for the quarter ended September 2023. The company's net sales have shown a significant growth of 289.49% quarter-on-quarter, compared to a decline of 46.64% in the previous quarter. However, the standalone net profit has decreased by 1,560.00% in the same period, as opposed to a growth of 225.00% in the previous quarter.
The operating profit (PBDIT) excluding other income has also shown a decline of 1,316.67% quarter-on-quarter, compared to a decrease of 40.00% in the previous quarter. The company has not incurred any interest expenses in the last few periods. The operating profit margin (excluding other income) has also fallen from the previous quarter.
According to MarketsMOJO, a financial analysis platform, the stock call for Virgo Global is 'Strong Sell'. The company's financial performance has improved in the quarter ended September 2023, with a score of 11 compared to 8 in the last 3 months.
The company's net sales for the quarter have grown by 227.0% over the average net sales of the previous four quarters. It is also the highest net sales in the last five quarters, indicating a positive sales trend in the near term. However, the operating profit (PBDIT) for the quarter is the lowest in the last five quarters, showing a negative trend in the near term. The operating profit margin has also decreased, indicating a decline in the company's efficiency.
The profit before tax (PBT) less other income for the quarter is also the lowest in the last five quarters, with a negative trend in the near term. The earnings per share (EPS) for the quarter is also the lowest in the last five quarters, showing a decline in profitability and lower earnings for shareholders.
Overall, Virgo Global has shown positive financial performance in the quarter ended September 2023, with a significant growth in net sales. However, the company's operating profit and efficiency have declined, which may be a cause for concern for investors.
{{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}}%)
{{text.big_txt}}
{{text .small_txt}}
{{dashverdictresult.dashboard.stock_details.short_name}}
SEND BY EMAIL
Register now to see if the stock’s characteristics match your investment style
Subscribe now to see if the stock's characteristics match your investment style
{{dashverdictresult.dashboard.risk_return_voltality.risk_type}}, {{dashverdictresult.dashboard.risk_return_voltality.return_type}}
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
Create your portfolio and know how much should this stock be in your portfolio
Subscribe now to know how much you should hold in this stock
We have found 2 better stocks that you can consider
{{dashverdictresult.dashboard.return_text}}
Investors Returns (3 years) –
| Period | 6M | 1Y | 2Y | 3Y |
| {{ keyd.val }} | ||||
| {{ keyd.val }} |
Quality: {{dashverdictresult.dashboard.dotsummary.q_txt}}
Valuation: {{dashverdictresult.dashboard.dotsummary.v_txt}}
Quarterly Financial Trend: {{dashverdictresult.dashboard.dotsummary.f_txt}}
Technicals: {{dashverdictresult.dashboard.dotsummary.tech_txt}}
Stock Info:
BSE – {{dashverdictresult.dashboard.stock_details.scripcode}}/ NSE – {{dashverdictresult.dashboard.stock_details.symbol}}
Market Cap – {{dashverdictresult.dashboard.priceinfo.mcap_class}} (Rs. {{dashverdictresult.dashboard.priceinfo.mcap| number :0}} cr)
Sector – {{dashverdictresult.dashboard.stock_details.ind_name}}
52 w H/L (Rs.) – {{dashverdictresult.dashboard.priceinfo.wk_high52}}/{{dashverdictresult.dashboard.priceinfo.wk_low52}}
Average vol (6M) – {{dashverdictresult.dashboard.priceinfo.vol}}
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
