Uday Jewellery Industries Announces Q1 Financial Results, Net Sales Up 21.28%

Aug 13 2024 05:59 PM IST
share
Share Via
Uday Jewellery Industries, a microcap company in the jewellery industry, has reported its financial results for the quarter ending March 2024. While the company's net sales have shown a positive growth of 21.28%, its profit after tax has declined by 47.35% year on year. The company's performance will be closely watched by investors.

Uday Jewellery Industries, a microcap company in the jewellery industry, has recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Uday Jewellery has shown a flat performance in the quarter, with a slight improvement in its score from -13 to -4 in the last 3 months. However, there are some positive and negative aspects to the company's financials.

On the positive side, the company's net sales for the quarter have grown by 21.28% year on year, reaching Rs 41.49 crore. This indicates a positive trend in the near term for the company's sales.

On the other hand, the company's profit after tax (PAT) for the half-yearly period has shown a decline of 47.35% year on year, with a total of Rs 2.68 crore. This suggests a very negative trend in the near term for the company's profits.

Despite the mixed financial results, Uday Jewellery Industries remains a player in the jewellery industry and its performance will continue to be closely monitored by investors.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News