Rajvi Logitrade Reports Positive Financial Results for Q4 2023

Rajvi Logitrade, a microcap finance company, has recently announced its financial results for the quarter ending December 2023. The company has shown a positive performance in this quarter, with its score improving from 13 to 16 in the last 3 months, according to MarketsMOJO.

One of the key factors contributing to this positive performance is the company's net sales, which have grown by 103.10% year on year to reach Rs 12.45 crore in the half-yearly period. This indicates a very positive sales trend for Rajvi Logitrade.

In terms of operating profit, the company has achieved its highest figure of Rs 0.28 crore in the last five quarters. This shows a positive trend in the near term for operating profit. Similarly, the company's profit before tax less other income has also reached its highest figure of Rs 0.28 crore in the last five quarters, indicating a positive trend in the near term.

Rajvi Logitrade's profit after tax has also shown a positive trend, with its highest figure of Rs 0.21 crore in the last five quarters. This indicates that the company is creating higher earnings for its shareholders.

Overall, Rajvi Logitrade's financial performance for the quarter ending December 2023 has been positive, with increasing profitability and a positive trend in key financial indicators. Based on this, MarketsMOJO has given a 'Hold' call for the company's stock.