Vidli Restaurant's Q1 Financial Results Show Positive Sales Growth, But Decline in Net Profit.

Operating Profit - Quarterly: At Rs 1.25 cr has Grown at 17.64 % Year on Year (YoY).Near term profit trend is positive.Net Profit - Quarterly: At Rs 0.72 cr has Declined at -4.00 % Year on Year (YoY).Near term profit trend is negative.

Vidli Restaurant, a microcap company in the hotel industry, has recently announced its financial results for the quarter ending March 2024. The company's net sales for the quarter have shown a growth of 23.48% compared to the same period last year, reaching Rs 8.52 crore. This is a positive trend for the company, indicating a strong performance in terms of sales.

The operating profit for the quarter has also shown a growth of 17.64% year on year, reaching Rs 1.25 crore. This is another positive sign for Vidli Restaurant, showing an improvement in its profitability. However, the net profit for the quarter has declined by -4.00% year on year, reaching Rs 0.72 crore. This is a negative trend for the company, indicating a decrease in its profitability.

Despite the decline in net profit, Vidli Restaurant's overall financial performance for the quarter has been rated as 'Flat' by MarketsMOJO, an independent stock analysis platform. The company's score has improved from 2 to 5 in the last 3 months, indicating a positive trend in its financials.

Based on the financial results for the quarter, MarketsMOJO has given a 'Sell' call for Vidli Restaurant's stock. This is a neutral recommendation, based on the fact-based analysis of the company's financial performance. Investors should carefully consider this information before making any investment decisions.