PNB Gilts Reports Impressive Financial Results for Q1 2024, Showing Significant Growth.

May 02 2024 06:00 PM IST
share
Share Via
PNB Gilts, a smallcap finance company, has reported a strong financial performance for the quarter ending March 2024. The company's PBT and PAT have seen a significant increase compared to the previous four quarters, while its Net Sales and Operating Profit have been the highest in the last five quarters. This indicates a positive trend in the near term for PNB Gilts.
PNB Gilts Reports Impressive Financial Results for Q1 2024, Showing Significant Growth.
PNB Gilts, a smallcap finance company, has recently announced its financial results for the quarter ending March 2024. The company has shown a very positive performance, with its score improving from -4 to 26 in the last three months. One of the key factors contributing to this growth is the company's Profit Before Tax less Other Income (PBT) which has seen a significant increase of 1644.4% to Rs 86.00 crore compared to the average PBT of the previous four quarters at Rs 4.93 crore. This shows a very positive trend in the near term for PNB Gilts. Similarly, the company's Profit After Tax (PAT) has also seen a remarkable growth of 4418.6% to Rs 68.04 crore compared to the average PAT of the previous four quarters at Rs 1.51 crore. This indicates a very positive trend in the near term for PNB Gilts. Moreover, the company's Net Sales for the quarter have been the highest in the last five quarters at Rs 473.88 crore, showing a positive trend in the near term. Additionally, the company's Operating Profit (PBDIT) has also been the highest in the last five quarters at Rs 460.79 crore, indicating a positive trend in the near term. Furthermore, PNB Gilts has also shown an improvement in its Operating Profit Margin, which has been the highest at 97.24% in the last five quarters. This indicates an increase in the company's efficiency. Overall, PNB Gilts has shown a positive trend in its financial performance for the quarter ending March 2024, with its PBT, PAT, Net Sales, and Operating Profit all showing significant growth. The company's Earnings per Share (EPS) have also increased, indicating higher profitability and value creation for its shareholders.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News