LCC Infotech reports significant sales growth.

LCC Infotech, a microcap IT-education company, has recently declared its financial results for the quarter ended September 2023. The company has reported a significant growth in its net sales, with a QoQ growth of 642.86% compared to the previous quarter. However, the consolidated net profit has seen a decline of -5,305.41% in the same period.

The operating profit (PBDIT) excluding other income has also shown a positive growth of 143.24% in the quarter ended September 2023, as compared to a decline of -182.22% in the previous quarter. The company has also maintained a stable interest rate of 0.00% in both the quarters.

Despite the positive growth in some areas, LCC Infotech has seen a flat financial performance in the quarter ended September 2023. This has resulted in a decrease in the company's score from 3 to 0 in the last 3 months, according to MarketsMOJO's stock call of 'Strong Sell'.

However, there are some aspects that are working in favor of LCC Infotech. The company has shown a higher debtors turnover ratio in the last five half-yearly periods, indicating a faster settlement of debtors. Additionally, the profit after tax (PAT) for the nine-month period has also increased to Rs 0.32 crore, surpassing the previous 12-month period's PAT of Rs -1.23 crore.

On the other hand, the company's earnings per share (EPS) for the quarter have declined to Rs -1.58, the lowest in the last five quarters. This indicates a declining profitability and lower earnings for shareholders.

Overall, LCC Infotech's financial results for the quarter ended September 2023 have shown a mix of positive and negative trends. Investors should carefully analyze the company's performance before making any investment decisions.