MosChip Continues to Soar Consecutively for the 6th Quarter
ByMosChip®
Moschip Technologies continues to focus on Semiconductor/ Embedded design services, Turnkey ASIC solutions, Semiconductor IP (Intellectual Properties), and IoT 4G technology projects which have been giving steady and sustainable growth.
The Company’s PAT turns positive more than 4 fold & 2 fold increase when compared Q1 & Q4 FY 21 respectively.
Financial performance by Q1 FY 2021-22:
- Our revenues have been growing steady for the last 6 quarters, 43% compared to the previous quarter
- EBIDTA has been positive for the last 5 quarters, by 271% against the previous quarter.
- On a significant note, we are posting PAT positive after 16
quarters.