Citadel Realty Announces Stable Q4 Results with Potential for Growth

Citadel Realty & Developers, a microcap real estate company, has recently announced its financial results for the quarter ending December 2023. The results, declared on January 30, 2024, have received a 'Sell' call from MarketsMOJO. Despite a flat performance in the quarter, Citadel Realty has shown improvement in its overall score, which has increased from 0 to 3 in the last three months. This indicates that the company has been able to maintain a stable financial position. One of the key factors contributing to this improvement is the company's operating profit (PBDIT), which has been the highest in the last five quarters at Rs 0.74 crore. The near-term trend for operating profit is also positive, indicating a potential for growth in the future. Similarly, the profit after tax (PAT) for the quarter has also been the highest in the last five quarters at Rs 0.30 crore. The near-term trend for PAT is also positive, suggesting that the company is making efforts to increase its profitability. In terms of earnings per share (EPS), Citadel Realty has shown a consistent increase, with the highest EPS of Rs 0.38 in the last five quarters. This indicates that the company has been able to generate higher earnings for its shareholders. Overall, Citadel Realty's financial results for the quarter ending December 2023 show a stable performance with potential for growth in the future. However, investors should take note of the 'Sell' call by MarketsMOJO and conduct their own research before making any investment decisions.