IM+ Capitals Reports Outstanding Financial Results for Q4 2023

Feb 20 2024 09:55 PM IST
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IM+ Capitals, a microcap finance company, has reported a score of 38 for the quarter ending December 2023, showing an improvement from the previous score of 35. The company has achieved significant growth in net sales, PBT, and PAT, with its highest net sales and operating profit in the last five quarters. Its operating profit margin and EPS have also increased, making it a promising player in the finance/NBFC industry.
IM+ Capitals, a microcap finance company, has recently announced its financial results for the quarter ending December 2023. The company has shown an outstanding performance with a score of 38, which is an improvement from the previous score of 35 in the last three months.

One of the key factors contributing to this growth is the increase in net sales, which has grown by 169.9% to Rs 187.72 crore compared to the average net sales of the previous four quarters at Rs 69.56 crore. This shows a very positive trend in the company's sales performance in the near term.

Another significant growth can be seen in the Profit Before Tax less Other Income (PBT) which has increased by 1359.7% to Rs 37.04 crore compared to the average PBT of the previous four quarters at Rs 2.54 crore. This is a very positive trend in the company's profitability in the near term.

The company has also shown a remarkable growth in its Profit After Tax (PAT) which has increased by 211.3% to Rs 41.86 crore compared to the average PAT of the previous four quarters at Rs 13.45 crore. This is a clear indication of the company's positive trend in profitability in the near term.

IM+ Capitals has also achieved its highest net sales of Rs 187.72 crore in the last five quarters, showing a consistent growth in each quarter. The company's operating profit (PBDIT) has also reached its highest at Rs 38.76 crore in the last five quarters, indicating a positive trend in the near term.

The company's operating profit margin has also improved, reaching its highest at 20.65% in the last five quarters, showcasing the company's efficiency. The highest PBT of Rs 37.04 crore and PAT of Rs 41.86 crore in the last five quarters also reflect a positive trend in the company's profitability.

IM+ Capitals has also shown an increase in its earnings per share (EPS) which has reached its highest at Rs 46.93 in the last five quarters. This signifies the company's increasing profitability and its ability to generate higher earnings for its shareholders.

In conclusion, IM+ Capitals has displayed a strong financial performance in the quarter ending December 2023, with positive trends in sales, profitability, and efficiency. This makes it a promising company to watch out for in the finance/NBFC industry.
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