Financial results for the current quarter have been declared, with a total of 372 stocks announcing their performance for the period of September 2024. The trend over the last four quarters has shown a positive growth, with 55% of companies reporting positive results for the current quarter, compared to 49% in the previous quarter, 51% in the March quarter, and 50% in the December quarter.

In terms of market capitalization, large cap companies have shown the highest proportion of positive results at 61%, followed by mid cap companies at 55% and small cap companies at 49%. Among the top performers in each category, Multi Comm. Exc. in the finance/NBFC sector has emerged as the top result for large cap companies, while T R I L in the capital goods sector has shown the best performance among mid cap companies. In the small cap category, E2E Networks in the IT-hardware sector has reported the highest results.

In the last 24 hours, 75 results have been declared, with Summit Securitie being one of the top performers. This finance/NBFC company has seen a significant improvement in its financial performance for the quarter ending September 2024, with a score of 33 compared to 19 in the previous quarter. The company’s net sales have grown by 100.19%, PBT less OI has increased by 101.94%, and PAT has shown a growth of 96.1%. Summit Securitie has also reported the highest net sales and PBDIT at Rs 106.68 crore and Rs 105.34 crore respectively. Its operating profit to net sales ratio stands at an impressive 98.74%, while PBT less OI and PAT have also shown the highest figures at Rs 105.33 crore and Rs 75.15 crore respectively. The company’s EPS for the quarter stands at Rs 68.94, the highest among all companies.

Investors can look forward to upcoming results from B P C L, Atul, and HPCL on 25th October 2024. With the current quarter showing positive trends and top performers like Summit Securitie, the financial market is expected to continue its growth trajectory in the coming months.