KMG Milk Food Reports Positive Financial Performance in Latest Quarter

KMG Milk Food, a microcap company in the miscellaneous industry, has recently announced its financial results for the quarter ending March 2024. The results have been declared on May 29, 2024.

According to MarketsMOJO, a leading financial analysis platform, the stock call for KMG Milk Food is currently 'Strong Sell'. However, the company has shown positive financial performance in the last quarter, with its score improving from 0 to 6 in the last 3 months.

One of the key factors contributing to this improvement is the company's operating profit (PBDIT), which has been the highest in the last five quarters at Rs 0.21 crore. The near-term trend for operating profit is also positive.

Similarly, the company's profit before tax less other income (PBT) has also shown improvement, with the highest figure of Rs -0.03 crore in the last five quarters. The near-term trend for PBT is also positive.

KMG Milk Food's profit after tax (PAT) has also seen a significant increase, with the highest figure of Rs 0.24 crore in the last five quarters. The near-term trend for PAT is also positive.

The company's earnings per share (EPS) have also shown a positive trend, with the highest figure of Rs 0.45 in the last five quarters. This indicates that the company has been able to create higher earnings for its shareholders.

Overall, KMG Milk Food has shown a positive financial performance in the last quarter, with improving trends in key financial indicators. However, it is important to note that MarketsMOJO has given a 'Strong Sell' call for the company's stock. Investors are advised to do their own research and analysis before making any investment decisions.