Atishay's Financial Results Show Strong Growth in Key Areas, Surpassing Previous Performance

Atishay, a microcap IT software company, has recently announced its financial results for the quarter ending June 2024. The company has shown a very positive performance, with its score increasing from 38 to 29 in the last three months.

One of the key highlights of Atishay's financials is its Profit After Tax (PAT) for the half-yearly period, which has grown by a staggering 464.06% year on year. This trend is expected to continue in the near future, as the company's PAT has been consistently positive. Similarly, its Profit Before Tax less Other Income (PBT) for the quarter has also shown a significant growth of 556.00% year on year, indicating a positive outlook for the company.

In terms of sales, Atishay has also seen a strong growth of 49.85% year on year for the quarter, with its net sales reaching Rs 10.07 crore. This trend is expected to continue in the near term, as the company's sales have been consistently positive.

Moreover, Atishay's PAT for the half-yearly period has surpassed the previous 12-month period, indicating a strong financial performance. The company has also generated the highest operating cash flow of Rs 7.62 crore in the last three years, showcasing its ability to generate cash revenues from its business operations.

Another positive aspect of Atishay's financials is its Debtors Turnover Ratio, which has reached a record high of 6.50 times in the last five half-yearly periods. This indicates that the company has been able to settle its debtors faster, leading to a healthier financial position.

Overall, Atishay's financial results for the quarter ending June 2024 have been very positive, with strong growth in key areas such as PAT, PBT, and sales. With a 'Buy' call from MarketsMOJO, the company is expected to continue its positive trend in the near future.