Blue Cloud Softech Solutions Reports Impressive Q1 FY25 Results, Receives 'Buy' Call from MarketsMOJO

Aug 08 2024 01:04 PM IST
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Blue Cloud Softech Solutions, a midcap IT software company, has reported outstanding financial results for the quarter ending March 2024. The company's net sales have grown by 108.4%, while its profit before tax and after tax have shown significant growth of 444.8% and 439.4% respectively. The company's operating profit margin and earnings per share have also improved, indicating a positive outlook for investors.

Blue Cloud Softech Solutions, a midcap IT software company, has recently announced its financial results for the quarter ending March 2024. The company has received a ‘Buy’ call from MarketsMOJO, indicating a positive outlook for investors.

The quarter has seen outstanding financial performance for Blue Cloud Softech Solutions, with a consistent score over the last three months. The company’s net sales have shown a remarkable growth of 108.4% at Rs 106.47 crore, compared to the average net sales of the previous four quarters at Rs 51.09 crore. This indicates a very positive sales trend in the near term.


Similarly, the company’s profit before tax less other income (PBT) has shown a significant growth of 444.8% at Rs 10.76 crore, compared to the average PBT of the previous four quarters at Rs 1.98 crore. The profit after tax (PAT) has also shown a remarkable growth of 439.4% at Rs 7.74 crore, compared to the average PAT of the previous four quarters at Rs 1.44 crore. These figures indicate a very positive trend in the near term for both PBT and PAT.


Blue Cloud Softech Solutions has also shown a consistent growth in net sales, operating profit (PBDIT), and PBT in the last five quarters. The company’s operating profit margin has also improved, reaching its highest at 10.30% in the last five quarters. This indicates an increase in efficiency for the company.


Moreover, the company’s PAT has also shown a positive trend in the near term, reaching its highest at Rs 7.74 crore in the last five quarters. This shows that the company is creating higher earnings for its shareholders, with the earnings per share (EPS) reaching its highest at Rs 0.35 in the last five quarters.


Overall, Blue Cloud Softech Solutions has shown a strong financial performance in the quarter ending March 2024, with positive trends in net sales, PBT, PAT, and EPS. With a ‘Buy’ call from MarketsMOJO, the company is expected to continue its growth and create value for its investors.


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