Radhika Jeweltec Reports Strong Financial Performance in Q4 2023

Radhika Jeweltec, a leading jewellery company in the microcap industry, has recently announced its financial results for the quarter ending December 2023. The company has shown a very positive performance, with a score of 27, which is an improvement from the previous score of 21 in the last 3 months.

One of the key highlights of the financial report is the significant growth in net sales, which has increased by 85.02% year on year, reaching Rs 175.79 crore. This shows a very positive trend in the company's sales performance in the near term. Additionally, the profit before tax less other income (PBT) has also seen a growth of 43.18% year on year, amounting to Rs 20.16 crore. This indicates a very positive trend in the company's profitability in the near term.

Furthermore, the profit after tax (PAT) has also shown a growth of 44.3% year on year, reaching Rs 15.67 crore. This is another positive indicator of the company's financial performance in the near term. It is also worth noting that the net sales for this quarter are the highest in the last five quarters, further solidifying the positive sales trend for Radhika Jeweltec.

In terms of operating profit, the company has achieved its highest PBDIT (profit before depreciation, interest, and taxes) at Rs 21.52 crore in the last five quarters. This is a positive sign for the company's operational efficiency and profitability in the near term. Similarly, the PBT and PAT for this quarter are also the highest in the last five quarters, showcasing the company's strong financial performance.

Overall, Radhika Jeweltec's financial results for the quarter ending December 2023 have been very positive, with significant growth in net sales, PBT, and PAT. With a 'Buy' call from MarketsMOJO, the company is poised for continued success in the microcap jewellery industry.