Sandesh reports strong PAT growth, receives 'Buy' call from MarketsMOJO

Sandesh, a smallcap company in the printing and publishing industry, has recently declared its financial results for the quarter ending March 2024. The company has received a 'Buy' call from MarketsMOJO, indicating positive prospects for investors.

According to the financial report, Sandesh has shown a significant improvement in its Profit After Tax (PAT) for the half-yearly period, with a growth of 178.20% compared to the same period last year. This is a positive trend for the company and reflects its strong financial performance.

However, the company has also seen a decline in its Net Sales for the quarter, with a decrease of -14.7% compared to the average of the previous four quarters. This could be a cause for concern in the near term, as the sales trend is negative. Additionally, the company's Non-Operating Income is high, accounting for 78.51% of its Profit Before Tax (PBT). This indicates that the company's income from non-business activities is not sustainable in the long run.

Despite these challenges, Sandesh remains a promising smallcap company in the printing and publishing industry. With a 'Buy' call from MarketsMOJO and a strong PAT growth, the company has the potential to deliver positive returns for investors.