Zodiac Energy Reports Impressive Financial Results, Receives 'Buy' Call from MarketsMOJO

Zodiac Energy, a smallcap company in the engineering and industrial equipment industry, has recently announced its financial results for the quarter ending March 2024. The company has received a 'Buy' call from MarketsMOJO, indicating a positive outlook for investors.

The quarter has seen an outstanding financial performance for Zodiac Energy, with a significant improvement in its score from 28 to 31 in the last 3 months. This is a testament to the company's strong financial management and growth strategies.

One of the key highlights of the financial results is the impressive growth in Profit Before Tax (PBT) less Other Income, which has increased by 224.45% year on year. This trend is expected to continue in the near term, indicating a positive outlook for the company's profitability.

Similarly, the Profit After Tax (PAT) has also shown a significant growth of 253.4% year on year, further strengthening the company's financial position. The Net Sales have also seen a remarkable growth of 71.71% year on year, with the highest recorded sales of Rs 106.63 crore in the last five quarters.

In terms of operating profit, Zodiac Energy has achieved its highest PBDIT of Rs 8.82 crore in the last five quarters, indicating a positive trend in its operations. The company has also recorded its highest PBT and PAT of Rs 7.43 crore and Rs 5.69 crore respectively in the last five quarters.

With a strong financial performance, Zodiac Energy has also created higher earnings for its shareholders, with the highest Earnings per Share (EPS) of Rs 3.89 in the last five quarters. This is a positive sign for investors, as the company continues to grow and create value for its shareholders.

Overall, Zodiac Energy's financial results for the quarter ending March 2024 have been impressive and reflect the company's strong position in the market. With a 'Buy' call from MarketsMOJO, it is a promising time for investors to consider investing in this smallcap company in the engineering and industrial equipment industry.