Cubical Financial Services Reports Positive Performance in Q1 2024 Financial Results
Cubical Financial Services, a microcap finance company, has reported positive financial results for the quarter ending March 2024. The company's operating profit, profit before tax, and profit after tax have all shown improvement, with the highest figures in the last five quarters. However, according to MarketsMojo, the stock call for the company is 'Sell'.
Cubical Financial Services, a microcap finance company, has recently announced its financial results for the quarter ending March 2024. The company has shown a positive performance in this quarter, with its score improving from 1 to 7 in the last three months.One of the key highlights of the financial report is the company's operating profit (PBDIT) for the quarter, which stands at Rs 0.70 crore, the highest in the last five quarters. This indicates a positive trend in the near term for Cubical Financial Services.
Similarly, the company's profit before tax less other income (PBT) for the quarter is also at its highest in the last five quarters, at Rs 0.70 crore. This shows a positive trend in the near term for PBT.
Moreover, Cubical Financial Services has also recorded its highest profit after tax (PAT) in the last five quarters, at Rs 0.65 crore. This further reinforces the positive trend in the near term for the company's profitability.
In terms of earnings per share (EPS), Cubical Financial Services has also shown improvement, with the highest EPS of Rs 0.10 in the last five quarters. This indicates that the company has been able to create higher earnings for its shareholders.
Overall, the financial results for the quarter ending March 2024 show a positive performance for Cubical Financial Services. However, according to MarketsMOJO, the stock call for the company is 'Sell'. It is important for investors to carefully consider all factors before making any investment decisions.
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