Saboo Sodium Chloro's Q4 results show significant growth in net sales, but decline in PBT and PAT

Saboo Sodium Chloro, a microcap FMCG company, has recently announced its financial results for the quarter ending March 2024. The company's net sales for the quarter have shown a significant growth of 67.0% compared to the average net sales of the previous four quarters. This has resulted in an improved score of 2 from -2 in the last three months.

The company's net sales for the quarter were at Rs 18.97 crore, which is the highest in the last five quarters. This indicates a positive trend in the near term for Saboo Sodium. However, the company's profit before tax (PBT) has fallen by -247.2% compared to the average PBT of the previous four quarters. This is a cause for concern as the near term trend for PBT is very negative.

Similarly, the company's profit after tax (PAT) has also shown a significant decline of -173.5% compared to the average PAT of the previous four quarters. This is another area of concern for Saboo Sodium as the near term trend for PAT is also very negative.

MarketsMOJO has given a 'Strong Sell' call for Saboo Sodium's stock based on these financial results. It is important for investors to carefully consider these factors before making any investment decisions. Saboo Sodium's performance in the quarter ending March 2024 has been flat, with some positive and negative trends.