PMC Fincorp's Q4 Financial Results Show Strong Growth and Consistent Profitability

May 27 2024 09:15 PM IST
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Microcap finance company PMC Fincorp has reported strong financial results for the quarter ending March 2024, with a significant increase in Profit Before Tax and Net Sales. The company's Profit After Tax and Operating Profit have also shown consistent growth in the last five quarters. MarketsMojo has given a 'Hold' call for the company's stock.
PMC Fincorp, a microcap finance company, has recently announced its financial results for the quarter ending March 2024. The company has shown a very positive performance in this quarter, with its score improving from 17 to 26 in the last three months.

One of the key highlights of PMC Fincorp's financials is its Profit Before Tax less Other Income (PBT) for the quarter, which has grown by 221.6% compared to the average PBT of the previous four quarters. This indicates a strong and consistent growth in the company's profitability. Additionally, the company's Net Sales for the half-yearly period have also shown a significant growth of 71.84% year on year, indicating a positive trend in its sales performance.

PMC Fincorp's Profit After Tax (PAT) for the quarter is at its highest at Rs 3.85 crore and has shown growth in each of the last five quarters. This reflects the company's ability to generate consistent profits. The Operating Profit (PBDIT) for the quarter is also at its highest in the last five quarters, further highlighting the company's positive financial performance.

The company's Earnings per Share (EPS) for the quarter is at its highest at Rs 0.07, indicating an increase in profitability and higher earnings for shareholders. Overall, PMC Fincorp's financial results for the quarter ending March 2024 show a very positive trend and the company's stock has been given a 'Hold' call by MarketsMOJO.
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