Perfect-Octave Media Projects Announces Strong Financial Results for Q1 FY25
Perfect-Octave Media Projects, a microcap company in the TV broadcasting and software industry, has recently announced its financial results for the quarter ending March 2024. The results, declared on August 13, 2024, have received a ‘Sell’ call from MarketsMOJO.
Despite this, the company has shown a steady performance with a flat financial score of 0, compared to 1 in the previous quarter. However, there are some positive aspects to note from the financial report.
One of the highlights is the company’s Profit After Tax (PAT) for the nine-month period, which has increased to Rs 0.28 crore from the preceding 12-month period ending in June 2024, where it was at Rs 0.12 crore. This indicates a growth in profitability for the company.
Moreover, in just nine months, Perfect-Octave has already surpassed its sales from the previous 12 months, showing a strong sales performance.
While the ‘Sell’ call from MarketsMOJO may raise some concerns, it is important to note that Perfect-Octave has shown promising financial results and continues to make progress in its industry. Investors may want to keep an eye on this microcap company as it moves forward.
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