Superior Finleas Reports Flat Performance in Q4 2023, Highest Operating Profit in 5 Quarters

Superior Finleas, a microcap finance company, has recently declared its financial results for the quarter ending December 2023. According to the report, the company has seen a flat performance in this quarter, with a score of 1, which is an improvement from the previous quarter's score of -2.

The company's operating profit (PBDIT) for this quarter was the highest in the last five quarters, at Rs -0.05 crore. This shows a positive trend in the near term for the company's operating profit. Similarly, the profit before tax (PBT) less other income for this quarter was also the highest in the last five quarters, at Rs -0.04 crore. This indicates a positive trend in the near term for the company's PBT.

However, the company's cash and cash equivalents for the half-yearly period were the lowest in the last six periods, at Rs 0.74 crore. This suggests a deteriorating short-term liquidity for the company.

Despite the mixed financial results, MarketsMOJO has given a 'Sell' call for Superior Finleas' stock. Investors should carefully consider these financials before making any investment decisions.