Gogia Capital's Q4 2023 Financial Results Show Significant Decline, Receives 'Sell' Rating

Gogia Capital Services, a microcap finance company, recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Gogia Capital has seen a negative performance in the quarter, with a score of -6 compared to 8 in the previous quarter. This is a significant decline in just three months.

One of the major factors contributing to this negative performance is the company's Profit After Tax (PAT), which has fallen to -31.52 crore, a decrease of 2022.0% from the average PAT of the previous four quarters. This indicates a very negative trend in the near term.

The company's Operating Profit (PBDIT) has also taken a hit, with the lowest figure of -31.59 crore in the last five quarters. Similarly, the Profit Before Tax less Other Income (PBT) has also seen a decline, with the lowest figure of -31.63 crore in the last five quarters.

The company's Earnings per Share (EPS) have also been affected, with the lowest figure of -49.87 in the last five quarters. This indicates a declining profitability and lower earnings for shareholders.

Overall, Gogia Capital's financial performance for the quarter ending December 2023 has been negative, as reflected in the 'Sell' call given by MarketsMOJO. Investors should carefully consider these factors before making any investment decisions.