ABC India's Q1 Financial Report Shows Mixed Results, EPS at 5-Quarter High

Aug 13 2024 09:03 PM IST
share
Share Via
ABC India, a microcap logistics company, reported flat performance for the quarter ending March 2024 with a score of 0 compared to 2 in the previous quarter. However, the company's EPS was the highest in the last five quarters at Rs 2.16, indicating increased profitability. PBT for the quarter was the lowest in the last five quarters at Rs 0.46 crore, suggesting a negative trend. Despite this, ABC India remains a key player in the logistics industry with potential for growth. Investors should carefully consider all factors before making any investment decisions.

ABC India, a microcap logistics company, recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Strong Sell' rating by MarketsMOJO.

According to the financial report, ABC India's performance for the quarter has been flat, with a score of 0 compared to 2 in the previous quarter. However, there are some positive aspects to note. The company's Earnings per Share (EPS) for the quarter was the highest in the last five quarters at Rs 2.16. This indicates an increase in profitability and a higher return for shareholders.

On the other hand, the company's Profit Before Tax less Other Income (PBT) for the quarter was the lowest in the last five quarters at Rs 0.46 crore. This suggests a negative trend in the near term for PBT.

Despite the mixed financial results, ABC India remains a key player in the logistics industry. As a microcap company, it has shown resilience and potential for growth. Investors should carefully consider all factors before making any investment decisions. This news article is for informational purposes only and does not offer any recommendations. Stay tuned for more updates on ABC India's performance in the coming quarters.
{{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