Southern Infosys Reports Positive Financial Results for Q1 FY25, Shows Growth in Sales and Profitability

Southern Infosys, a microcap IT software 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, a leading financial analysis platform.

According to the financial report, Southern Infosys has shown positive performance in the quarter, with a score of 11, compared to 21 in the previous quarter. This indicates a growth in the company’s overall financial health.

One of the key factors contributing to this growth is the net sales, which have increased by 31.06% year on year, reaching Rs 10.17 crore in the first half of the year. This shows a positive trend in the company’s sales in the near term.

Moreover, the company’s profit after tax (PAT) for the first half of the year stands at Rs 0.24 crore, which is higher than the previous 12-month period ending in June 2024. This indicates a significant improvement in the company’s profitability.

With these positive financial results, Southern Infosys is on track to achieve its growth targets for the year. The company’s focus on innovation and customer satisfaction has helped it to maintain a strong position in the competitive IT software industry.

Investors and stakeholders can look forward to more updates and developments from Southern Infosys as it continues to grow and expand its presence in the market.