The first quarter of the financial year 2024 has seen a total of 252 companies declaring their results. Out of these, 60% have reported positive results, showing a positive trend over the last four quarters. The proportion of positive results for the previous three quarters were 49%, 50%, and 48% respectively.

In terms of market capitalization, large cap companies have reported the highest proportion of positive results at 62%, followed by mid cap companies at 60% and small cap companies at 55%. Among the top performers in each category, Motil.Oswal.Fin. from the finance/NBFC sector has emerged as the top result for large cap companies, while Force Motors from the auto-trucks sector has shown strong performance for mid cap companies. For small cap companies, Dolat Algotech from the finance/NBFC sector has reported the best results.

In the overall category, Dolat Algotech has emerged as the top performer among small cap companies, while LKP Securities from the finance/NBFC sector has shown strong results in the micro cap category. Motil.Oswal.Fin. has maintained its position as the top performer among large cap companies.

In the last 24 hours, 31 companies have declared their results, with Trent emerging as the top performer. Trent, a retailing company, has seen a significant improvement in its financial performance in the first quarter of 2024. The company's operating profit to interest ratio has been the highest at 14.43 times, while its net sales have grown by 50.78% to reach Rs 6,764.32 crore. Trent's debt-equity ratio has also been the lowest at 0.43 times, indicating a strong financial position. Its profit before tax has grown by 38.1% to reach Rs 266.09 crore, while its net profit has increased by 23% to reach Rs 257.87 crore. The company's earnings per share have been the highest at Rs 19.81, and it has the highest cash and cash equivalents at Rs 297.56 crore.

Investors can look forward to the upcoming results of Adani Wilmar, Adani Power, and Ambuja Cements on 1st May 2024. These companies are expected to report their financial performance for the first quarter of the year. Stay tuned for more updates on the latest financial results.