Gilada Finance reports improved financial results for Q4 2023, MarketsMOJO advises 'Hold'.

Gilada Finance & Investments, a microcap finance company, has recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Gilada Finance has shown a flat performance in the quarter, with a score of 3 out of 5, which is an improvement from the previous score of 2 in the last 3 months.

The company's operating profit (PBDIT) for the quarter was the highest in the last five quarters, at Rs 1.24 crore. The near-term trend for operating profit is positive. Similarly, the profit before tax less other income (PBT) was also the highest in the last five quarters, at Rs 0.79 crore. The near-term trend for PBT is also positive. The profit after tax (PAT) for the quarter was the highest in the last five quarters, at Rs 0.60 crore. The near-term trend for PAT is also positive.

However, the company's earnings per share (EPS) for the quarter was the lowest in the last five quarters, at Rs 0.43. This indicates a decline in profitability and lower earnings for shareholders.

Overall, Gilada Finance has shown a mixed performance in the quarter, with some positive trends in operating profit, PBT, and PAT, but a decline in EPS. Investors are advised to hold their position in the company's stock, as suggested by MarketsMOJO.