Microcap IT Company Megri Soft Reports Positive Financial Results for Q1 2024

May 24 2024 09:15 PM IST
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Megri Soft, a microcap IT software company, has announced its financial results for the quarter ending March 2024. The company has shown a positive performance with its operating profit, profit before tax, and profit after tax at their highest in the last five quarters. The company's EPS has also significantly increased, indicating potential for growth in the IT software industry.
Megri Soft, a microcap IT software company, has recently announced its financial results for the quarter ending March 2024. The company has shown a positive performance in this quarter, with its score improving from 3 to 7 in the last three months.

One of the key highlights of the financial report is the operating profit (PBDIT) for the quarter, which stands at Rs 0.38 crore, the highest in the last five quarters. This indicates a positive trend in the near term for the company's operating profit.

Similarly, the profit before tax less other income (PBT) for the quarter is also at its highest in the last five quarters, at Rs 0.36 crore. This shows a positive trend in the near term for the company's PBT.

The profit after tax (PAT) for the quarter is also at its highest in the last five quarters, at Rs 0.28 crore. This further reinforces the positive trend in the near term for the company's profitability.

In terms of earnings per share (EPS), Megri Soft has shown a significant increase, with the highest EPS of Rs 0.89 in the last five quarters. This indicates that the company has been able to create higher earnings for its shareholders.

Overall, Megri Soft's financial performance for the quarter ending March 2024 has been positive, with an improvement in its score and a positive trend in key financial indicators. This showcases the company's strong performance and potential for growth in the IT software industry.
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