Yuken India's Q1 FY25 Financial Results Show Strong Growth and Positive Trends

Yuken India, a smallcap engineering company, has recently declared its financial results for the quarter ending June 2024. The company has shown a very positive performance in this quarter, with its financial score improving from 34 to 21 in the last 3 months.

One of the key highlights of the quarter is the significant growth in Profit Before Tax (PBT) less Other Income, which has increased by 226.19% year on year. This shows a strong and consistent growth trend in the near term for Yuken India. Similarly, the Profit After Tax (PAT) has also shown a remarkable growth of 295.5% year on year, indicating a very positive trend in the near future.

Another noteworthy aspect of Yuken India’s financial performance is its Inventory Turnover Ratio, which has been consistently increasing in the last five half yearly periods. In the current half yearly period, the company has achieved the highest ratio of 4.91 times, indicating that it has been able to sell its inventory at a faster rate.

Based on these financial results, MarketsMOJO has given a ‘Hold’ call for Yuken India’s stock. This suggests that the company’s performance is expected to remain stable in the near future. With its strong financial performance and positive trends, Yuken India is definitely a company to watch out for in the engineering industry.