IB Infotech Enterprises Shows Improvement in Financial Results for Q1 FY25

Jul 24 2024 07:01 PM IST
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IB Infotech Enterprises, a microcap company in the trading industry, has announced its financial results for the quarter ending June 2024. Despite a flat performance, the company has shown improvement in its overall score and recorded its highest operating profit in the last five quarters. This indicates progress in operations and a positive trend for the company in the near term.

IB Infotech Enterprises, a microcap company in the trading industry, has recently announced its financial results for the quarter ending June 2024. The results, declared on July 24, 2024, have received a ‘Sell’ call from MarketsMOJO.

Despite a flat performance in the quarter, IB Infotech has shown improvement in its overall score, which has increased from 0 to 1 in the last three months. This indicates that the company is making progress in its operations.


One of the key highlights of the financial results is the operating profit (PBDIT) for the quarter, which stands at Rs 0.50 crore. This is the highest in the last five quarters and shows a positive trend in the near term.


While the company’s financial performance may not be at its best currently, the positive trend in its operating profit and overall score is a promising sign for IB Infotech. Investors and stakeholders can keep a close eye on the company’s progress in the coming quarters.


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