Yash Management & Satelite Reports Mixed Financial Results for Q2 FY25

Yash Management & Satelite, a microcap finance company, recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Yash Management & Satelite’s performance for the quarter was flat, with a score of 2 compared to 21 in the previous 3 months. However, there are some positive aspects to the company’s financials. The company’s cash and cash equivalents for the half-yearly period were at their highest in the last six periods, indicating an improvement in short-term liquidity.

On the other hand, there are also some areas of concern for Yash Management & Satelite. The company’s net sales for the quarter were at Rs 8.04 crore, a decrease of 33.5% compared to the average net sales of the previous four quarters. This indicates a negative trend in near-term sales. Similarly, the company’s profit before tax (PBT) for the quarter was at Rs -2.25 crore, a decrease of 397.2% compared to the average PBT of the previous four quarters. The trend for near-term PBT is also negative. Additionally, the company’s profit after tax (PAT) for the quarter was at Rs -2.06 crore, a decrease of 1244.4% compared to the average PAT of the previous four quarters. This indicates a very negative trend in near-term PAT.

Overall, Yash Management & Satelite’s financial performance for the quarter ending September 2024 has been mixed, with some positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.