Yash Management & Satelite Reports Strong Financial Results for Q1 2024

Yash Management & Satelite, a microcap finance company, has recently announced its financial results for the quarter ended March 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Yash Management & Satelite has shown a very positive performance in the quarter, with a score of 21, which is an improvement from the previous score of 23 in the last 3 months.

The company's net sales for the half-yearly period have seen a significant growth of 99.94% year on year, reaching Rs 35.43 crore. This shows a very positive trend in sales for the company.

Similarly, the company's profit after tax (PAT) for the half-yearly period has also shown a remarkable growth of 359.41% year on year, reaching Rs 2.62 crore. This indicates a very positive trend in the company's profitability.

Moreover, the company's net sales for the half-yearly period have surpassed the sales of the previous 12 months, which stood at Rs 30.62 crore. Similarly, the PAT for the half-yearly period has also surpassed the PAT of the previous 12 months, which was at Rs -2.91 crore. This shows a strong growth trajectory for Yash Management & Satelite.

Overall, the financial results for the quarter ended March 2024 reflect a positive and promising performance for Yash Management & Satelite. With a 'Hold' call from MarketsMOJO, investors can keep a close eye on the company's future performance.