Inventure Growth & Securities Shows Strong Financial Performance in Latest Quarter

Inventure Growth & Securities, a microcap finance and NBFC company, has recently declared its financial results for the quarter ending March 2024. According to the latest update, the stock call for Inventure Growth & Securities by MarketsMOJO is 'Sell'.

Despite this, the company has shown a very positive financial performance in the quarter, with a score improvement from 28 to 29 in the last three months. This is based on various factors such as Profit Before Tax less Other Income (PBT), Profit After Tax (PAT), Net Sales, Operating Profit (PBDIT), Operating Profit Margin, and Earnings per Share (EPS).

The PBT for the quarter has grown by 213.1% compared to the average PBT of the previous four quarters, while the PAT has grown by 212.3%. The net sales for the half-yearly period have also shown a significant growth of 51.32% year on year. In addition, the company's operating profit for the quarter is the highest in the last five quarters, indicating a positive trend.

Moreover, the company's efficiency has improved as seen in the operating profit margin, which is the highest in the last five quarters at 51.17%. The PBT and PAT for the quarter are also the highest in the last five quarters, showing a positive trend in the near term.

Furthermore, the company's EPS has also increased to Rs 0.08, indicating a higher profitability and creating better earnings for shareholders. With these positive financial results, Inventure Growth & Securities is poised for growth in the near future.