R R Financial Consultants Reports Mixed Performance in Q1 2024 Financial Results

R R Financial Consultants, a microcap finance company, recently announced its financial results for the quarter ended March 2024. The company's performance has been deemed as flat by MarketsMOJO, with a 'Sell' call for its stock.

According to the financials, R R Financial Consultants has seen a decline in its score from 2 to -1 in the last three months. However, there are some positive aspects to the company's performance. The Profit After Tax (PAT) for the half-yearly period is higher at Rs 0.01 crore compared to the previous 12-month period ending in March 2024, which was at Rs -0.01 crore. This indicates that the company has already surpassed its PAT for the previous year in just six months.

On the other hand, there are some areas of concern for R R Financial Consultants. The Operating Profit (PBDIT) for the quarter is at its lowest in the last five quarters, standing at Rs -0.05 crore. This indicates a negative trend in the near term. Similarly, the Profit Before Tax less Other Income (PBT) for the quarter is also at its lowest in the last five quarters, standing at Rs -0.05 crore. This shows a negative trend in the near term as well. Additionally, the Earnings per Share (EPS) for the quarter is at its lowest in the last five quarters, standing at Rs -0.08. This indicates a decline in profitability and lower earnings for shareholders.

Overall, R R Financial Consultants has reported a mixed financial performance for the quarter ended March 2024. Investors should carefully consider these factors before making any investment decisions.