Intrasoft Technologies Reports Positive Financial Performance in Q3 2024

Intrasoft Technologies, a microcap BPO/ITeS company, has recently declared its financial results for the quarter ending September 2024. The company has shown positive performance in this quarter, with a score of 19 out of 100, which is an improvement from the previous score of 9 in the last 3 months.

One of the key factors contributing to this positive performance is the growth in Profit Before Tax less Other Income (PBT) which has increased by 152.17% year on year. The company has also shown a strong ability to manage interest payments with an Operating Profit to Interest ratio of 14.34 times, the highest in the last five quarters.

In terms of profitability, Intrasoft Tech. has shown a growth of 60.0% year on year in Profit After Tax (PAT). The company has also been able to sell its inventory at a faster rate with an Inventory Turnover Ratio of 15.87 times, the highest in the last five half yearly periods.

The company has also shown a positive trend in its sales, with the highest net sales of Rs 125.57 cr in the last five quarters. This has resulted in the highest PBT and PAT of Rs 4.06 cr and Rs 3.92 cr respectively in the last five quarters.

On the downside, the company's Operating Profit (PBDIT) has been the lowest in the last five quarters, indicating a negative trend. The Operating Profit Margin has also decreased to 3.66%, showing a decline in the company's efficiency. Additionally, the Dividend Payout Ratio (DPR) has been the lowest in the last five years, indicating a lower distribution of profits as dividends.

Overall, Intrasoft Technologies has shown a positive financial performance in the quarter ending September 2024, with strong growth in key areas such as PBT, PAT, and net sales. However, there are some areas that need improvement, such as operating profit and dividend payout ratio. Investors are advised to hold their stock, as recommended by MarketsMOJO.