Informed Technologies India Reports Positive Financial Results for Q1 2024, But Reliance on Non-Business Income Raises Concerns.

Informed Technologies India, a microcap company in the BPO/ITeS industry, has recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Informed Technologies India has shown positive performance in the quarter, with a score of 13, which is an improvement from the previous quarter's score of 6. The company's Profit After Tax (PAT) for the quarter was the highest in the last five quarters, at Rs 1.08 crore. This shows a positive trend in the company's profitability in the near term. Additionally, the company's Earnings per Share (EPS) for the quarter was also the highest in the last five quarters, at Rs 2.59. This indicates that the company has been able to create higher earnings for its shareholders.

However, there are some areas that are not working in favor of Informed Technologies India. The company's Non Operating Income for the quarter was 124.24% of the Profit Before Tax (PBT). This suggests that the company's income from non-business activities is high, which may not be a sustainable business model. Moreover, the Non Operating Income for the quarter was the highest in the last five quarters, at Rs 1.64 crore. This increase in income from non-business activities may not be sustainable in the long run.

Overall, Informed Technologies India has shown positive financial performance in the quarter ending March 2024. However, investors should carefully consider the company's reliance on non-business income before making any investment decisions.