Abhinav Capital Services Reports Strong Financial Performance in Q4 2023

Feb 08 2024 09:15 PM IST
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Abhinav Capital Services, a microcap finance company, has reported a positive financial performance in the quarter ending December 2023. The company's net sales have increased by 118.49% year on year, while its Profit After Tax has grown by 90.96%. MarketsMojo has given a 'Hold' call for the company's stock.
Abhinav Capital Services, a microcap finance 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 -2 to 8 in the last 3 months according to MarketsMOJO.

One of the key highlights of the financial results is the significant growth in net sales for the half-yearly period, which has increased by 118.49% year on year to reach Rs 6.38 crore. This indicates a very positive sales trend for the company.

Another positive aspect of the financials is the growth in Profit After Tax (PAT) for the half-yearly period, which has increased by 90.96% year on year to reach Rs 3.17 crore. This shows a very positive trend for the company's profitability.

Overall, Abhinav Capital Services has shown a strong financial performance in the quarter ending December 2023. With a positive sales trend and increasing profitability, the company seems to be on a steady growth path. MarketsMOJO has given a 'Hold' call for the company's stock, indicating a neutral stance for investors.
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