Yogi Infra Projects Shows Remarkable Growth in Q1 Financials, Receives 'Hold' Rating

Yogi Infra Projects, a microcap real estate company, has recently declared its financial results for the quarter ending March 2024. According to the data released on August 14, 2024, the company has shown a very positive performance in terms of financials.

The company's score has improved from 1 to 22 in the last 3 months, indicating a significant growth in its financials. This growth can be attributed to various factors, as seen in the June 2024 financials.

The Profit Before Tax less Other Income (PBT) for the quarter has shown a remarkable growth of 863.33% year on year, reaching Rs 2.29 crore. The net sales for the quarter have also been the highest in the last five quarters, standing at Rs 146.03 crore. This shows a positive trend in the company's sales performance.

The Operating Profit (PBDIT) for the quarter has also been the highest in the last five quarters, at Rs 2.36 crore. This indicates a positive trend in the company's operational efficiency. The Operating Profit Margin has also reached its highest at 1.62%, showing an improvement in the company's efficiency.

The Profit Before Tax less Other Income (PBT) and Profit After Tax (PAT) have also been the highest in the last five quarters, at Rs 2.29 crore and Rs 1.66 crore respectively. This shows a positive trend in the company's profitability, creating higher earnings for its shareholders.

Moreover, the Debtors Turnover Ratio for the half-yearly period has also been the highest in the last five periods, at 18.41 times. This indicates that the company has been able to settle its debtors faster, improving its financial position.

Based on these financials, MarketsMOJO has given a 'Hold' call for Yogi Infra Projects' stock. With its positive financial performance and efficient operations, the company is on a path of growth and success in the real estate industry.