Purshottam Investofin Reports Impressive Financial Results for Q1 2024

May 29 2024 06:00 PM IST
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Purshottam Investofin, a microcap finance company, has reported a positive financial performance for the quarter ended March 2024. Net sales have increased by 246.24% year on year, while Profit After Tax has seen a staggering growth of 7,308.33%. This indicates a strong sales and profitability trend for the company.
Purshottam Investofin, a microcap finance company, has recently announced its financial results for the quarter ended March 2024. The company has shown a very positive performance in this quarter, with its score improving from 27 to 20 in the last three months according to MarketsMOJO.

One of the key highlights of the financial results is the significant growth in net sales, which has increased by 246.24% year on year to reach Rs 32.72 crore. This indicates a strong sales trend for the company.

Another impressive aspect is the growth in Profit After Tax (PAT), which has seen a staggering increase of 7,308.33% year on year, reaching Rs 8.65 crore. This shows a very positive trend for the company in terms of profitability.

Moreover, the company's PAT for the half-year period is higher at Rs 8.65 crore compared to the preceding 12-month period ended March 2024, which was Rs 2.37 crore. This indicates a significant improvement in the company's financial performance in just six months.

Overall, Purshottam Investofin has shown a strong financial performance in the quarter ended March 2024, with positive trends in both net sales and PAT. This is a promising sign for the microcap finance company and reflects its potential for growth in the future.
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