HCL Infosystems Announces Q1 Financial Results, PAT Highest in 5 Quarters
HCL Infosystems, a microcap company in the trading industry, reported a flat performance in the last quarter with a score of -2. However, the company's Profit After Tax (PAT) was the highest in the last five quarters and the near-term trend for PAT is positive. Net sales decreased by 20.3% compared to the previous four quarters.
HCL Infosystems, a microcap company in the trading industry, has recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Strong Sell' call by MarketsMOJO.
According to the financial report, HCL Infosystems has shown a flat performance in the last quarter, with a score of -2 compared to 1 in the previous quarter. However, there are some positive aspects to the company's performance. The Profit After Tax (PAT) for the quarter was the highest in the last five quarters, at Rs -5.53 crore. The near-term trend for PAT is also positive.
On the other hand, the net sales for the quarter were at Rs 6.72 crore, which is a decrease of 20.3% compared to the average net sales of the previous four quarters, which was Rs 8.43 crore. The near-term trend for sales is also negative.
Despite the mixed performance, HCL Infosystems remains a microcap company in the trading industry. It is important to note that this article is based on facts and does not include any external data or sources. As always, it is recommended to do your own research and consult with a financial advisor before making any investment decisions.
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