Secmark Consultancy Reports Strong Financial Performance in Q1 FY25

Aug 14 2024 10:22 AM IST
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Secmark Consultancy, a microcap IT software company, has announced its financial results for the quarter ending March 2024. Despite a 'Sell' call by MarketsMojo, the company has shown a positive performance with a score of 22, highest net sales and operating profit in the last five quarters, and increased profitability and earnings per share.

Secmark Consultancy, a microcap IT software company, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

Despite this, the company has shown a very positive financial performance in the quarter, with a score of 22 compared to 4 in the previous quarter. This improvement can be attributed to various factors, including a significant growth in net sales, which have increased by 53.8% to Rs 7.29 crore compared to the average net sales of the previous four quarters.


Moreover, the company’s net sales for the quarter were the highest in the last five quarters, indicating a positive trend in the near term. The operating profit (PBDIT) for the quarter was also the highest in the last five quarters at Rs 3.41 crore, showing a positive trend in the company’s efficiency.


The operating profit margin for the quarter was also at its highest in the last five quarters, at 46.78%, further highlighting the company’s improved efficiency. The profit before tax (PBT) less other income for the quarter was also the highest in the last five quarters at Rs 2.17 crore, indicating a positive trend in the near term.


The company’s profit after tax (PAT) for the quarter was also the highest in the last five quarters at Rs 1.92 crore, showing a positive trend in the company’s profitability. The earnings per share (EPS) for the quarter were also at their highest in the last five quarters at Rs 1.85, indicating an increase in profitability and higher earnings for shareholders.


Overall, Secmark Consultancy has shown a strong financial performance in the quarter ending March 2024, with positive trends in various key metrics. This showcases the company’s potential for growth and success in the IT software industry.


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