Ontic Finserve Reports Positive Performance in Q3, Highest Profits in 5 Quarters

Ontic Finserve, a microcap finance company, has recently announced its financial results for the quarter ending September 2024. The company has shown a positive performance in this quarter, with a score of 7 out of 10, which is a significant improvement from the previous quarter's score of 0.

According to the financials, Ontic Finserve's operating profit (PBDIT) for the quarter was the highest in the last five quarters, standing at Rs 1.38 crore. This indicates a positive trend in the company's near-term operating profit. Similarly, the profit before tax less other income (PBT) for the quarter was also the highest in the last five quarters, at Rs 1.38 crore. This shows a positive trend in the company's near-term PBT.

Ontic Finserve's profit after tax (PAT) for the quarter was also the highest in the last five quarters, at Rs 1.04 crore. This reflects a positive trend in the company's near-term PAT. Additionally, the earnings per share (EPS) for the quarter was the highest in the last five quarters, at Rs 0.12. This indicates an increasing profitability for the company, creating higher earnings for its shareholders.

Based on these financials, MarketsMOJO has given a 'Sell' call for Ontic Finserve's stock. However, it is important to note that this is not a recommendation and should not be considered as such. This news article is purely informative and based on factual information provided by the company. Investors are advised to do their own research and analysis before making any investment decisions.