G S Auto Intl. Reports Positive Growth in Q1 Financial Results

G S Auto International, a microcap company in the auto ancillary industry, has recently declared its financial results for the quarter ending June 2024. The company has shown positive growth in its financial performance, with its score improving from 8 to 10 in the last three months.

One of the key factors contributing to this growth is the company's ability to manage interest payments, with its Operating Profit to Interest ratio being the highest in the last five quarters at 2.23 times. This indicates that G S Auto Intl. is becoming more efficient in handling its interest payments.

Moreover, the company's Operating Profit (PBDIT) for the quarter was at its highest in the last five quarters, standing at Rs 2.61 crore. This shows a positive trend in the near term for the company's operating profit.

Another positive aspect of G S Auto Intl.'s financials is its Operating Profit Margin, which was at its highest in the last five quarters at 6.83%. This indicates an improvement in the company's efficiency.

Furthermore, the company's Profit Before Tax less Other Income (PBT) for the quarter was at its highest in the last five quarters, standing at Rs 0.48 crore. This also shows a positive trend in the near term for the company's PBT.

G S Auto Intl. also saw its Profit After Tax (PAT) for the quarter at its highest in the last five quarters, standing at Rs 0.44 crore. This indicates a positive trend in the near term for the company's profitability.

Lastly, the company's Earnings per Share (EPS) for the quarter was at its highest in the last five quarters, standing at Rs 0.30. This shows an increase in profitability and the company's ability to generate higher earnings for its shareholders.

Based on these financial results, MarketsMOJO has given a 'Hold' call for G S Auto Intl.'s stock. With its positive financial performance and improving trends, G S Auto Intl. is showing promising growth in the auto ancillary industry.