Yamuna Syndicate Reports Strong Q3 Results, But Some Areas Need Improvement

Nov 16 2024 05:02 PM IST
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Yamuna Syndicate, a smallcap company in the auto-tractor industry, has reported a strong financial performance in the quarter ending September 2024. The company's Profit Before Tax (PBT) and Profit After Tax (PAT) have shown significant growth compared to the previous four quarters. However, the company's Operating Cash Flow and Debtors Turnover Ratio need improvement.

Yamuna Syndicate, a smallcap company in the auto-tractor industry, has recently announced its financial results for the quarter ending September 2024. The company has shown positive performance in this quarter, with a score of 9 out of 10, compared to 0 in the previous quarter.

One of the key highlights of the financial report is the growth in Profit Before Tax (PBT) less Other Income, which has increased by 43.3% to Rs 41.95 crore in this quarter, compared to the average PBT of the previous four quarters at Rs 29.27 crore. This shows a very positive trend in the near term for the company.

Moreover, the company's PBT in this quarter is the highest in the last five quarters, indicating a positive trend in the near term. Similarly, the Profit After Tax (PAT) has also shown a growth of 29.3% to Rs 42.34 crore in this quarter, compared to the average PAT of the previous four quarters at Rs 32.74 crore. This further strengthens the positive trend for Yamuna Syndicate.

However, there are some areas that need improvement for the company. The Operating Cash Flow for the year has been the lowest in the last three years at Rs -3.68 crore. This indicates a decline in the company's cash revenues from business operations. Additionally, the Debtors Turnover Ratio for the half-yearly period has been the lowest in the last five periods at 16.24 times. This suggests that the company's pace of settling its debtors has slowed down.

In conclusion, while Yamuna Syndicate has shown positive financial performance in this quarter, there are some areas that need attention for the company to maintain its growth trajectory. Investors should keep an eye on the company's future financial reports to make informed decisions.
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