Adroit Infotech's Q4 Financial Results Show Positive Sales and Operating Profit Trends

Feb 05 2024 09:45 PM IST
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Adroit Infotech, a microcap company in the animation industry, reported its financial results for the quarter ending December 2023. Despite a 'Sell' call from MarketsMojo, the company's net sales and operating profit have reached a five-quarter high, indicating a positive trend in the near term. However, investors should conduct their own research before making any investment decisions.
Adroit Infotech, a microcap company in the animation industry, recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Adroit Info. has shown a flat performance in the quarter, with a score of 0 compared to -12 in the previous quarter. However, there are some positive aspects to the company's financials.

One of the highlights is the net sales, which have reached a five-quarter high of Rs 7.08 crore. This is a 25.75% increase from the same quarter last year, indicating a positive sales trend in the near term. The company's operating profit (PBDIT) has also seen a significant improvement, reaching a five-quarter high of Rs 2.39 crore. This shows a positive trend in the company's operating profit in the near term.

Furthermore, Adroit Infotech's operating profit margin has also reached a five-quarter high of 33.76%, indicating an improvement in the company's efficiency. The profit before tax (PBT) less other income has also seen a significant increase, reaching a five-quarter high of Rs 1.97 crore. The profit after tax (PAT) has also shown a positive trend, reaching a five-quarter high of Rs 1.57 crore.

Overall, Adroit Infotech's financial results for the quarter ending December 2023 show some positive improvements in key areas. However, investors should take note of the 'Sell' call given by MarketsMOJO and conduct their own research before making any investment decisions.
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