Crane Infrastructure's Financial Results Show Flat Performance, But Positive Growth in Profits

Feb 12 2024 06:15 PM IST
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Crane Infrastructure's financial results for the quarter ending December 2023 have remained flat, with a decrease in MarketsMojo score from 6 to 1. However, the company's PAT has increased to Rs 1.11 crore and sales have surpassed the previous twelve months. The 'Sell' call by MarketsMojo is based on past performance, with no mention of investor interest or expert opinions.
Crane Infrastructure, a microcap trading company, has recently announced its financial results for the quarter ending December 2023. According to the data released on February 12, 2024, the company's financial performance has remained flat compared to the previous quarter. This is reflected in the score given by MarketsMOJO, which has fallen from 6 to 1 in the last 3 months.

Despite the overall flat performance, there are some positive aspects to Crane Infra's financials for the quarter. The company's Profit After Tax (PAT) for the nine-month period has increased to Rs 1.11 crore, compared to the preceding 12-month period ending December 2023, which was at Rs 0.39 crore. This indicates a growth in profits for the company. Additionally, in the nine-month period, the company has already surpassed its sales from the previous twelve months.

While MarketsMOJO has given a 'Sell' call for Crane Infra's stock, it is important to note that this is based on the company's past performance and not future potential. It is also worth mentioning that there is no mention of investor interest or expert opinions in the financial results. These results are based on facts and figures, providing a neutral and informative tone for investors to make their own decisions.
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