3B Blackbio's Q1 2024 financials show positive growth in PAT, Net Sales, and EPS

3B Blackbio, a microcap company in the pesticides and agrochem industry, has recently announced its financial results for the quarter ending March 2024. The company has shown positive performance with a score of 19, an improvement from 8 in the last 3 months.

One of the key highlights of the financial report is the increase in Profit After Tax (PAT) which has grown each quarter in the last five quarters. The near term trend for PAT is also very positive. Similarly, the Net Sales for the quarter have also shown a positive trend, with a growth of 27% year on year. The company's Operating Profit and Profit Before Tax have also seen a positive trend, with the latter growing at 32.32% year on year.

The company's Earnings per Share (EPS) have also seen a significant increase, reaching its highest at Rs 10.35 in the last five quarters. This indicates that the company has been able to create higher earnings for its shareholders.

However, there are some areas that need improvement, such as the Non Operating Income which has seen a significant increase in the last five quarters. This may not be sustainable in the long run.

Overall, 3B Blackbio's financial performance for the quarter ending March 2024 has been positive, with a 'Hold' call from MarketsMOJO. The company's growth in PAT, Net Sales, and EPS are some of the key factors contributing to this positive trend.