Regency Fincorp Reports Positive Financial Results for Q4 2023

Feb 12 2024 10:05 PM IST
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Regency Fincorp, a microcap finance company, has announced its financial results for the quarter ending December 2023. Despite a flat performance, the company's score has improved from 1 to 4 in the last three months. Its operating profit, PBT, and PAT are at their highest in the last five quarters, indicating a positive trend in the near term. Investors and stakeholders can monitor the company's performance in the coming quarters.
Regency Fincorp, a microcap finance company, has recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Regency Fincorp's performance for the quarter has remained flat. However, there has been a significant improvement in the company's score, which has increased from 1 to 4 in the last three months.

One of the key highlights of the financial results is the company's operating profit (PBDIT) for the quarter, which stands at Rs 3.30 crore, the highest in the last five quarters. This indicates a positive trend in the near term for the company's operating profit.

Similarly, the profit before tax less other income (PBT) for the quarter is also at its highest in the last five quarters, standing at Rs 0.60 crore. This shows a positive trend in the near term for the company's PBT.

The profit after tax (PAT) for the quarter is also at its highest in the last five quarters, standing at Rs 0.53 crore. This further reinforces the positive trend in the near term for the company's PAT.

Overall, Regency Fincorp's financial results for the quarter ending December 2023 show a positive trend in its key financial metrics. Investors and stakeholders can keep a close eye on the company's performance in the coming quarters to make informed decisions.
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