GPT Healthcare's Q1 Financial Results Show Mixed Performance, MarketsMOJO Gives 'Hold' Call

GPT Healthcare, a smallcap healthcare services company, has recently declared its financial results for the quarter ending March 2024. According to the report, the company's performance has remained flat in the quarter, with a score of -3 compared to 8 in the previous quarter.

However, there are some positive aspects to GPT Healthcare's financials. The company has shown a consistent growth in its operating cash flow, with the highest amount of Rs 68.80 crore in the last three years. This indicates that the company has been able to generate higher cash revenues from its business operations.

On the other hand, there are some areas of concern in the financial report. The company's profit after tax (PAT) for the quarter has fallen by -16.6% compared to the average PAT of the previous four quarters. This is a negative trend in the near term. Similarly, the operating profit (PBDIT) for the quarter is at its lowest in the last five quarters, indicating a negative trend in the near term. The operating profit margin has also decreased, showing a decline in the company's efficiency.

Moreover, the profit before tax (PBT) for the quarter is also at its lowest in the last five quarters, with a negative trend in the near term. The earnings per share (EPS) for the quarter have also decreased, indicating a decline in profitability and lower earnings for shareholders. Additionally, the company's non-operating income has increased, but it may not be sustainable in the long run.

Based on these financial results, MarketsMOJO has given a 'Hold' call for GPT Healthcare's stock. Investors should carefully consider these factors before making any investment decisions.