Inventure Growth & Securities Reports Strong Financial Results for Q4 2023

Feb 06 2024 06:00 PM IST
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Inventure Growth & Securities, a microcap finance company, has reported a significant improvement in its financial performance for the quarter ending December 2023. The company's net sales, profit before tax, and profit after tax have all shown a positive trend, indicating potential for growth and success in the finance industry.
Inventure Growth & Securities, a microcap finance company, has recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financials, Inventure Growth & Securities has shown a very positive performance in the quarter, with a score of 28, which is a significant improvement from the previous quarter's score of 12. This improvement can be attributed to various factors.

One of the key factors contributing to the company's success is its net sales, which have grown by 143.2% to Rs 48.81 crore in the quarter, compared to the average net sales of the previous four quarters, which was Rs 20.07 crore. This shows a very positive trend in the company's sales performance.

Another important aspect is the company's profit before tax less other income (PBT), which has grown by 197.5% to Rs 6.30 crore in the quarter, compared to the average PBT of the previous four quarters, which was Rs 2.12 crore. This indicates a very positive trend in the company's profitability.

The company's profit after tax (PAT) has also shown a significant growth of 90.2% to Rs 3.78 crore in the quarter, compared to the average PAT of the previous four quarters, which was Rs 1.99 crore. This further reinforces the positive trend in the company's financial performance.

In addition, Inventure Growth & Securities has also achieved its highest net sales of Rs 48.81 crore in the last five quarters, with a consistent growth in each quarter. The operating profit (PBDIT) has also reached its highest at Rs 7.25 crore in the last five quarters, indicating a positive trend in the company's operations.

Overall, the financial results of Inventure Growth & Securities for the quarter ending December 2023 have been very positive, with a strong growth in net sales, PBT, and PAT. This showcases the company's potential for growth and success in the finance industry.
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