Dhoot Industrial Finance Reports Positive Performance in Q1, PAT Increases by 388.2%

Dhoot Industrial Finance, a microcap trading company, has recently announced its financial results for the quarter ended March 2024. The company has shown a positive performance with a score of 15, an improvement from 11 in the last 3 months.

One of the key factors contributing to this positive performance is the significant growth in Profit After Tax (PAT) which has increased by 388.2% year on year. This trend is expected to continue in the near future. Additionally, the company has also seen a growth in Net Sales for the half-yearly period, surpassing the sales of the previous 12 months.

However, there are some areas that need improvement for Dhoot Industrial Finance. The company's Operating Profit (PBDIT) for the quarter is at its lowest in the last five quarters, indicating a negative trend. Similarly, the Profit Before Tax (PBT) has also decreased, showing a negative trend in the near term. Moreover, the company's Non-Operating Income is high, which is not a sustainable business model.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Dhoot Industrial Finance's stock. Investors should carefully consider these factors before making any investment decisions.