Luharuka Media's Q3 Financial Report Shows Mixed Results, Investors Should Proceed with Caution

Luharuka Media & Infra, a microcap company in the film production, distribution, and entertainment industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' call by MarketsMOJO.

According to the financial report, Luharuka Media's performance for the quarter was flat, with a score of -1 compared to 7 in the previous quarter. However, there are some positive aspects to the company's financials. The Dividend per Share (DPS) has been consistently high at Rs 0.01 for the past five years, indicating that the company is distributing higher dividends from its profits. The Dividend Payout Ratio (DPR) has also been consistently high at 30.94%, showing that the company is distributing a higher proportion of its profits as dividends.

On the other hand, there are some areas of concern for Luharuka Media. The Operating Profit (PBDIT) for the quarter was at its lowest in the last five quarters at Rs -0.51 crore, indicating a negative trend in the near term. The Profit Before Tax less Other Income (PBT) was also at its lowest in the last five quarters at Rs -0.52 crore, showing a negative trend in the near term. The Earnings per Share (EPS) for the quarter was also at its lowest in the last five quarters at Rs -0.02, indicating a decline in profitability and lower earnings for shareholders.

Overall, Luharuka Media's financial performance for the quarter ending September 2024 has been flat, with some positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.