Yash Chemex Announces Q1 FY25 Financial Results: Mixed Performance with Positive Operating Profit and Negative Sales

Yash Chemex, a microcap company in the chemicals industry, recently announced its financial results for the quarter ending in June 2024. The results, declared on August 13, have received a ‘Strong Sell’ call from MarketsMOJO.

The company’s financial performance for the quarter has been negative, with a score of -12, showing a slight improvement from the previous quarter’s score of -17. However, there are some positive aspects to note from the financials.

Yash Chemex has recorded its highest operating profit (PBDIT) in the last five quarters, at Rs 2.30 crore. The near-term trend for operating profit is also positive. The company’s operating profit margin has also improved, reaching its highest at 16.99% in the last five quarters, indicating an increase in efficiency.

On the other hand, there are some areas of concern for Yash Chemex. The net sales for the quarter have fallen by -57.66% year on year, at Rs 13.54 crore. The near-term trend for sales is also very negative, with the lowest recorded sales in the last five quarters. The profit after tax (PAT) has also seen a decline of -8.6% year on year, at Rs 0.96 crore. The near-term trend for PAT is also negative.

Overall, Yash Chemex’s financial performance for the quarter ending in June 2024 has been mixed, with some positive and negative aspects. Investors are advised to carefully consider these factors before making any investment decisions.