PMC Fincorp Reports Positive Financial Results for Q4 2023, Shows Growth in Sales and Profitability

PMC Fincorp, a microcap finance company, has recently announced its financial results for the quarter ended December 2023. The company has shown positive performance in this quarter, with its score remaining the same in the last three months.

One of the key highlights of PMC Fincorp's financials is its net sales, which have grown at a rate of 20.09% year on year, reaching Rs 5.56 crore in the half-yearly period. This indicates a positive trend in the company's sales in the near term.

Moreover, the company's profit after tax (PAT) for the quarter has been the highest in the last five quarters, standing at Rs 2.94 crore. This also reflects a positive trend in the company's profitability in the near term.

In terms of earnings per share (EPS), PMC Fincorp has shown a significant increase, with the highest EPS of Rs 0.06 in the last five quarters. This indicates that the company has been able to create higher earnings for its shareholders.

Based on these financial results, MarketsMOJO has given a 'Hold' call for PMC Fincorp's stock. This suggests that investors should hold onto their current positions in the company's stock, as it shows potential for future growth. With its positive financial performance and promising near term trends, PMC Fincorp is definitely a company to watch out for in the finance/NBFC industry.