Capital Trade Links Reports Positive PAT Growth, But Decline in Net Sales and Operating Profit

Capital Trade Links, a microcap finance company, has recently announced its financial results for the quarter ending June 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Capital Trade Links has shown positive performance in the quarter, with a score of 6 compared to 15 in the previous quarter. The company's Profit After Tax (PAT) for the half-yearly period has seen a significant growth of 119.35% year on year, indicating a positive trend.

However, the company's net sales for the quarter have fallen by -26.7% compared to the average net sales of the previous four quarters. This trend is also reflected in the lowest net sales of Rs 6.48 crore in the last five quarters. The operating profit (PBDIT) for the quarter is also at its lowest in the last five quarters, indicating a negative trend.

One concerning aspect of the company's financials is its high non-operating income, which accounts for 69.01% of the Profit Before Tax (PBT). This suggests that the company's income from non-business activities is significant, which may not be a sustainable business model in the long run.

Overall, Capital Trade Links has shown mixed results in the quarter ending June 2024. While there is a positive trend in terms of PAT, the company's net sales and operating profit have seen a decline. Investors are advised to hold their positions and monitor the company's performance in the upcoming quarters.