Intec Capital Reports Positive Financial Results for Q1 2024, Showing Significant Improvement.

Intec Capital, a microcap finance company, has recently announced its financial results for the quarter ending March 2024. The company has shown a positive performance, with a score of 9 out of 10, a significant improvement from 0 in the last 3 months.

One of the key highlights of the financials is the growth in Profit After Tax (PAT) for the quarter, which stands at Rs 1.50 crore, a 120.9% increase from the average PAT of the previous four quarters, which was at Rs -7.17 crore. This indicates a very positive trend in the near term for the company's profitability.

Another positive aspect is the Operating Profit (PBDIT) for the quarter, which is at its highest in the last five quarters, at Rs -0.25 crore. This shows a positive trend in the near term for the company's operating profit.

The Profit Before Tax less Other Income (PBT) for the quarter is also at its highest in the last five quarters, at Rs -0.52 crore. This further reinforces the positive trend in the near term for the company's profitability.

The company's Earnings per Share (EPS) for the quarter is also at its highest in the last five quarters, at Rs 0.82. This indicates an increasing profitability and the company's ability to generate higher earnings for its shareholders.

Based on these financials, MarketsMOJO has given a 'Sell' call for Intec Capital's stock. However, it is important to note that this is not a recommendation and should not be considered as such. This article is purely based on factual information and does not include any external data or sources.