Share the post "Jupiter Wagons : Q1 2024 Financial Quarterly Report : YoY Sales Up 16.82 %, QoQ Down 21.12 %"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 16.82 % in the past year, decrease in net sales/revenue by -21.12 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 290.01 %. Marginal decrease of -21.18% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Jupiter Wagons Limited. Notable increase of 46.19 % in net profit Year to Year, Jupiter Wagons Limited’s profitability dropped by -12.18 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 39.38 % Year to Year. EPS decreased by -12.89 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 753.187 Cr | Rs. 1115.411 Cr | Rs. 879.861 Cr | -21.12 % | + 16.82 % |
| Expenses | Rs. 656.38 Cr | Rs. 968.03 Cr | Rs. 743.17 Cr | -23.23 % | + 13.22 % |
| Operating Profit | Rs. 96.81 Cr | Rs. 147.38 Cr | Rs. 136.69 Cr | -7.25 % | + 41.19 % |
| OPM % | 12.85 % | 13.21 % | 15.54 % | + 2.33 % | + 2.69 % |
| Other Income | Rs. 2.013 Cr | Rs. 9.961 Cr | Rs. 7.851 Cr | -21.18 % | + 290.01 % |
| Interest | Rs. 8.37 Cr | Rs. 10.76 Cr | Rs. 12.63 Cr | + 17.38 % | + 50.9 % |
| Depreciation | Rs. 6.55 Cr | Rs. 7.63 Cr | Rs. 12.46 Cr | + 63.3 % | + 90.23 % |
| Profit before tax | Rs. 83.9 Cr | Rs. 138.95 Cr | Rs. 119.45 Cr | -14.03 % | + 42.37 % |
| Tax % | 25.02 % | 24.42 % | 23.24 % | -1.18 % | -1.78 % |
| Net Profit | Rs. 62.85 Cr | Rs. 104.63 Cr | Rs. 91.88 Cr | -12.19 % | + 46.19 % |
| EPS in Rs | Rs. 1.6 | Rs. 2.56 | Rs. 2.23 | -12.89 % | + 39.38 % |
Today, we’re looking at Jupiter Wagons Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 16.82 %. However, it did see a marginal slip of -21.12 % from the previous quarter. Expenses decreased slightly by -23.23 % quarter-on-quarter, aligning with the annual rise of 13.22 %. Operating profit, while up 41.19 % compared to last year, faced a quarter-on-quarter dip of -7.25 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.69 %, but an expansion of 2.33 % sequentially. Other income fell by -21.18 % compared to the last quarter, despite an annual growth of 290.01 %. Interest expenses surged remarkably by 17.38 % from the previous quarter, yet the year-over-year increase remains at a moderate 50.9 %. Depreciation costs climbed by 63.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 90.23 %. Profit before tax grew annually by 42.37 % but saw a reduction from the preceding quarter by -14.03 %.
Tax expenses as a percentage of profits decreased slightly by -1.78 % compared to last year, with a more notable quarter-on-quarter decrease of -1.18 %. Net profit rose by 46.19 % year-on-year but witnessed a -12.19 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 39.38 % but a quarterly fall of -12.89 %. In summary, Jupiter Wagons Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 753.187 Cr | Rs. 1115.411 Cr | Rs. 879.861 Cr | -21.12 % | + 16.82 % |
| Expenses | Rs. 656.38 Cr | Rs. 968.03 Cr | Rs. 743.17 Cr | -23.23 % | + 13.22 % |
| Operating Profit | Rs. 96.81 Cr | Rs. 147.38 Cr | Rs. 136.69 Cr | -7.25 % | + 41.19 % |
| Net Profit | Rs. 62.85 Cr | Rs. 104.63 Cr | Rs. 91.88 Cr | -12.19 % | + 46.19 % |
| EPS in Rs | Rs. 1.6 | Rs. 2.56 | Rs. 2.23 | -12.89 % | + 39.38 % |
In reviewing Jupiter Wagons Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.82 % year-on-year growth, although there was a slight dip of -21.12 % from the previous quarter. Expenses rose by 13.22 % compared to the previous year, with a decrease of -23.23 % quarter-on-quarter. Operating Profit surged by 41.19 % annually, and saw a -7.25 % decrease from the last quarter.
Net Profit showed yearly increase of 46.19 %, and experienced a -12.19 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 39.38 % annually, however dipped by -12.89 % compared to the last quarter. In essence, while Jupiter Wagons Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
