Jetking Infotrain Releases Q1 Financial Results, Receives 'Sell' Call from MarketsMOJO

Jetking Infotrain, a leading IT education company, recently announced its financial results for the quarter ending March 2024. The company, which falls under the microcap category, has received a 'Sell' call from MarketsMOJO.

According to the financial report, Jetking Infotrain's performance has remained flat in the last quarter, with a score of -1 compared to 3 in the previous quarter. However, there are some positive aspects to the company's financials. The Profit After Tax (PAT) for the half-yearly period has increased to Rs 0.37 crore, surpassing the previous 12-month period's PAT of Rs -0.85 crore.

On the other hand, there are some areas of concern for Jetking Infotrain. The Operating Profit (PBDIT) for the quarter has been the lowest in the last five quarters at Rs -1.04 crore, indicating a negative trend in the near future. The Operating Profit Margin for the quarter has also decreased to 0.00%, showing a decline in the company's efficiency. Additionally, the Profit Before Tax less Other Income (PBT) for the quarter has been the lowest in the last five quarters at Rs -1.76 crore, with a negative trend in the near term. The company's non-operating income is also high, at 491.11% of the PBT, which is not a sustainable business model.

Despite the mixed financial results, Jetking Infotrain remains a key player in the IT education industry. Investors and experts are advised to carefully analyze the company's financials before making any investment decisions.