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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 16.91 % in the past year, decrease in net sales/revenue by -4.03 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -1189.29 %, Marginal decrease of -950.4% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Jaiprakash Associates Limited. Notable increase of 459.12 % in net profit Year to Year, Jaiprakash Associates Limited’s profitability increased by 137.88 % in this quarter.
- EPS over the Year and quarter: EPS increased by 463.51 % Year to Year. EPS increased by 132.96 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1429.06 Cr | Rs. 1740.93 Cr | Rs. 1670.75 Cr | -4.03 % | + 16.91 % |
| Expenses | Rs. 1350.85 Cr | Rs. 1640.21 Cr | Rs. 1535.79 Cr | -6.37 % | + 13.69 % |
| Operating Profit | Rs. 78.21 Cr | Rs. 100.72 Cr | Rs. 134.96 Cr | + 34 % | + 72.56 % |
| OPM % | 5.47 % | 5.79 % | 8.08 % | + 2.29 % | + 2.61 % |
| Other Income | Rs. 76.17 Cr | Rs. -78.99 Cr | Rs. -829.71 Cr | -950.4 % | -1189.29 % |
| Interest | Rs. 225.51 Cr | Rs. 274.87 Cr | Rs. 274.46 Cr | -0.15 % | + 21.71 % |
| Depreciation | Rs. 97.05 Cr | Rs. 94.54 Cr | Rs. 88.28 Cr | -6.62 % | -9.04 % |
| Profit before tax | Rs. -168.18 Cr | Rs. -347.68 Cr | Rs. -1057.49 Cr | -204.16 % | -528.78 % |
| Tax % | -4.32 % | -3.28 % | -0.56 % | + 2.72 % | + 3.76 % |
| Net Profit | Rs. -183.49 Cr | Rs. -431.28 Cr | Rs. -1025.93 Cr | -137.88 % | -459.12 % |
| EPS in Rs | Rs. -0.74 | Rs. -1.79 | Rs. -4.17 | -132.96 % | -463.51 % |
Today, we’re looking at Jaiprakash Associates 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 16.91 %. However, it did see a marginal slip of -4.03 % from the previous quarter. Expenses decreased slightly by -6.37 % quarter-on-quarter, aligning with the annual rise of 13.69 %. Operating profit, while up 72.56 % compared to last year, faced a quarter-on-quarter increase of 34 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.61 %, but an expansion of 2.29 % sequentially. Other income fell by -950.4 % compared to the last quarter, despite an annual decline of -1189.29 %. Interest expenses dropped significantly by -0.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 21.71 %. Depreciation costs fell by -6.62 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -9.04 %. Profit before tax declined annually by -528.78 % but saw a reduction from the preceding quarter by -204.16 %.
Tax expenses as a percentage of profits increased slightly by 3.76 % compared to last year, with a more notable quarter-on-quarter increase of 2.72 %. Net profit fell by -459.12 % year-on-year but witnessed a -137.88 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -463.51 % but a quarterly fall of -132.96 %. In summary, Jaiprakash Associates 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. 1429.06 Cr | Rs. 1740.93 Cr | Rs. 1670.75 Cr | -4.03 % | + 16.91 % |
| Expenses | Rs. 1350.85 Cr | Rs. 1640.21 Cr | Rs. 1535.79 Cr | -6.37 % | + 13.69 % |
| Operating Profit | Rs. 78.21 Cr | Rs. 100.72 Cr | Rs. 134.96 Cr | + 34 % | + 72.56 % |
| Net Profit | Rs. -183.49 Cr | Rs. -431.28 Cr | Rs. -1025.93 Cr | -137.88 % | -459.12 % |
| EPS in Rs | Rs. -0.74 | Rs. -1.79 | Rs. -4.17 | -132.96 % | -463.51 % |
In reviewing Jaiprakash Associates Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.91 % year-on-year growth, although there was a slight dip of -4.03 % from the previous quarter. Expenses rose by 13.69 % compared to the previous year, with a decrease of -6.37 % quarter-on-quarter. Operating Profit surged by 72.56 % annually, and saw a 34 % increase from the last quarter.
Net Profit showed yearly decrease of -459.12 %, and experienced a -137.88 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -463.51 % annually, however dipped by -132.96 % compared to the last quarter. In essence, while Jaiprakash Associates Limited faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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