Supra Pacific Management Consultancy Reports Strong Financial Results in Q1 2024.

Aug 13 2024 05:30 PM IST
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Supra Pacific Management Consultancy, a microcap finance and NBFC, has reported strong financial results for the quarter ended March 2024. The company's net sales have grown by 133.76% year on year and its operating profit has reached its highest PBDIT of Rs 4.44 crore. However, MarketsMojo has given a 'Sell' call for the company's stock.
Supra Pacific Management Consultancy, a microcap finance and non-banking financial company (NBFC), has recently announced its financial results for the quarter ended March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Supra Pacific has shown positive performance in the quarter, with a consistent score in the last three months. The company's net sales for the half-yearly period have grown by 133.76% year on year, reaching Rs 18.14 crore. This indicates a very positive sales trend for the company.

In terms of operating profit, Supra Pacific has recorded its highest PBDIT (Profit Before Depreciation, Interest, and Taxes) of Rs 4.44 crore in the quarter. This figure has been growing each quarter in the last five quarters, showing a positive trend in the near term.

The company's profit after tax (PAT) for the half-yearly period is also higher at Rs 0.54 crore compared to the previous 12-month period ended in June 2024, which was Rs 0.43 crore. This indicates a strong performance by the company in the first half of the year, surpassing its PAT for the entire previous year.

Overall, Supra Pacific Management Consultancy has shown promising financial results in the quarter ended March 2024. Investors and stakeholders can take note of the company's positive sales and profit trends, but should also consider the 'Sell' call given by MarketsMOJO before making any investment decisions.
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