N G Industries shows strong financial performance with significant growth in PAT and EPS

N G Industries, a microcap company in the hospital and healthcare services industry, has recently announced its financial results for the quarter ending September 2024. The company has shown a positive performance with a score of 8, a significant improvement from the previous quarter's score of -7.

One of the key highlights of the financial report is the growth in Profit After Tax (PAT) which has increased by 238.5% to Rs 2.97 crore compared to the average PAT of the previous four quarters which was Rs 0.88 crore. This indicates a strong and positive trend in the company's near-term profitability.

Moreover, the company's PAT for the quarter is the highest in the last five quarters, further showcasing its positive financial performance. The Earnings per Share (EPS) for the quarter also saw a significant increase, reaching its highest at Rs 8.87 in the last five quarters. This indicates that the company has been able to create higher earnings for its shareholders.

However, one area of concern for N G Industries is its Non-Operating Income, which is 91.69% of the Profit Before Tax (PBT). This suggests that the company's income from non-business activities is high, which may not be a sustainable business model in the long run.

Despite this, MarketsMOJO has given a 'Hold' call for N G Industries' stock, indicating that it is a good investment option for the time being. With its positive financial performance and potential for growth in the hospital and healthcare services industry, N G Industries is definitely a company to watch out for.