eMudhra's Q1 FY25 financial results show strong sales and profitability growth.

eMudhra, a midcap IT software company, has recently declared its financial results for the quarter ending March 2024. The company has received a ‘Hold’ call from MarketsMOJO, indicating a neutral stance on its stock.

According to the financial report, eMudhra has shown positive performance in the quarter, with a score of 17, an improvement from 15 in the last 3 months. The company’s net sales for the quarter were at a record high of Rs 99.69 crore, with a consistent growth trend in the last five quarters. This indicates a positive outlook for the company’s sales in the near future.

eMudhra’s operating profit (PBDIT) for the quarter was also at its highest at Rs 32.90 crore, with a positive trend in the near term. The company’s operating profit margin has also improved, reaching a high of 33.00% in the last five quarters, showcasing its efficiency.

The profit before tax (PBT) less other income for the quarter was at Rs 25.96 crore, a significant increase of 33.1% from the average PBT of the previous four quarters. This indicates a positive trend in the company’s profitability in the near term.

However, eMudhra’s non-operating income, which includes income from non-business activities, has shown a significant increase in the last five quarters. This may not be sustainable and could impact the company’s overall financial performance.

Overall, eMudhra’s financial results for the quarter ending March 2024 have been positive, with a strong sales and profitability trend. Investors may want to consider the company’s performance in the near term before making any investment decisions.