Zomato Ltd. Leads Top Performers in Latest Quarter's Financial Results
The latest financial results for the current quarter have been announced, with 936 stocks reporting their performance. The trend over the last four quarters shows a positive growth, with large cap companies leading the way. Among the top performers in each category, GE T&D India, Network People, and Lotus Chocolate have shown exceptional results. However, the standout performer in the current quarter is Zomato Ltd., with a significant improvement in its financial performance. With impressive numbers and upcoming results to watch out for, the market continues to show positive growth.
The latest financial results for the current quarter have been declared, with a total of 936 stocks announcing their performance. The trend over the last four quarters shows a positive growth, with 53.0% of companies reporting positive results in the Jun-2024 quarter. This is followed by 50.0% in Mar-2024, 49.0% in Dec-2023, and 49.0% in Sep-2023.In terms of market capitalization, large cap companies have shown the highest proportion of positive results at 58.0%, followed by mid cap at 50.0% and small cap at 49.0%. Among the top performers in each category, GE T&D India in the capital goods sector has shown outstanding results in the large cap category. In the mid cap category, Network People in the IT - Software sector has emerged as the top performer. In the small cap category, Lotus Chocolate in the FMCG sector has shown exceptional results.
Overall, the top performer in the small cap category is Lotus Chocolate, followed by Network People in the mid cap category and Bombay Oxygen in the micro cap category in the last 24 hours. However, the standout performer in the current quarter is Zomato Ltd., an IT - Software company with a market cap of 233385.49. The company has seen a significant improvement in its financial performance, with a score of 34 from 32 in the last 3 months.
Zomato Ltd. has reported outstanding financial results for the Jun-2024 quarter, with a growth of 102.2% in PBT LESS OI(Q) at Rs 3.00 cr and 188.3% in PAT(Q) at Rs 253.00 cr. The company's net sales have also reached an all-time high at Rs 4,206.00 cr, with PBDIT(Q) at Rs 177.00 cr and operating profit to net sales(Q) at 4.21%. The company's inventory turnover ratio(HY) has also shown a significant improvement at 137.66 times. With these impressive numbers, Zomato Ltd. is definitely one to watch out for in the IT - Software sector.
Looking ahead, upcoming results to watch out for include St Bk of India, Bank Of India, and Divi's Lab. on 03 Aug 24. Stay tuned for more updates on the latest financial results and top performers in the market.
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