Yasho Industries has posted net loss of Rs. 2.46 crores for the period ended June 30, 2024 as against net profit of Rs. 17.94 crores for the period ended March 31, 2024. The company posted net profit  of Rs. 14.79 crores for the period ended June 30, 2023.

Yasho Industries has reported total income of Rs. 174.82 crores during the period ended June 30, 2024 as compared to Rs. 172.33 crores during the period ended March 31, 2024. The company reported total income of Rs.151.67 crores during the period ended June 30, 2023.

Highlights of Q1FY25:

❖ Volumes including export volumes have increased by 27% on Y-o-Y basis. However, due to drop in prices the export sales have dropped by 300 bps on Y-o-Y basis.

❖ Gross Margins protected by more efficient procurement and better product mix.

❖ Pakhajan site was commercialized on April 9, 2024, and customer audits and validation are in process. Site likely to stabilize by Q3FY25.

Outlook:

❖ The company is poised to ramp up production and deliver volumes from Q3FY25 onwards.  

❖ We are seeing good traction in export orders.