Mayukh Dealtrade Reports Strong Financial Performance in Q4 2023
Microcap trading company Mayukh Dealtrade has reported positive financial results for the quarter ending December 2023, with its operating profit and profit before tax reaching their highest in the last five quarters. The company's profit after tax has also shown a positive trend, leading to a 'Hold' call from MarketsMojo.
Mayukh Dealtrade, a microcap trading company, has recently announced its financial results for the quarter ending December 2023. The company has shown a positive performance in this quarter, with its score improving from 5 to 8 in the last 3 months.One of the key factors contributing to this positive performance is the company's operating profit (PBDIT), which has reached its highest at Rs 0.59 crore in the last five quarters. The near-term trend for operating profit is also positive.
Another highlight of the financial results is the profit before tax less other income (PBT), which has also reached its highest at Rs 0.51 crore in the last five quarters. The near-term trend for PBT is also positive.
The company's profit after tax (PAT) has also shown a positive trend, with its highest at Rs 0.38 crore in the last five quarters. This indicates a positive outlook for the company in the near future.
Based on these financial results, MarketsMOJO has given a 'Hold' call for Mayukh Dealtrade's stock. This indicates that the company's performance is stable and investors should hold onto their shares for now.
Overall, Mayukh Dealtrade has shown a strong financial performance in the quarter ending December 2023, with positive trends in key areas. This is a promising sign for the company and its shareholders.
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