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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -21.17 % over the year, substantial increase in net sales/revenue by 0.93 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Jai Mata Glass Ltd.,. Profit dropped by -110.29 % Year to Year, Jai Mata Glass Ltd.,’s profitability dropped by -88.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -100 % 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. 0.137 Cr | Rs. 0.107 Cr | Rs. 0.108 Cr | + 0.93 % | -21.17 % |
Expenses | Rs. 0.09 Cr | Rs. 0.09 Cr | Rs. 0.1 Cr | + 11.11 % | + 11.11 % |
Operating Profit | Rs. 0.05 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | -80 % |
OPM % | 36.5 % | 18.69 % | 9.26 % | -9.43 % | -27.24 % |
Other Income | Rs. 0.024 Cr | Rs. 0.044 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.14 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.07 Cr | Rs. 0.06 Cr | Rs. 0.01 Cr | -83.33 % | + 114.29 % |
Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -0.07 Cr | Rs. 0.06 Cr | Rs. 0.01 Cr | -83.33 % | + 114.29 % |
EPS in Rs | Rs. -0.01 | Rs. 0.01 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Jai Mata Glass Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -21.17 %. However, it did see a marginal increase of 0.93 % from the previous quarter. Expenses ticked up slightly by 11.11 % quarter-on-quarter, aligning with the annual rise of 11.11 %. Operating profit, while down -80 % compared to last year, faced a quarter-on-quarter dip of -50 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -27.24 %, but a shrinkage of -9.43 % sequentially. Profit before tax grew annually by 114.29 % but saw a reduction from the preceding quarter by -83.33 %.
Net profit rose by 114.29 % year-on-year but witnessed a -83.33 % contraction from the last quarter. In summary, Jai Mata Glass Ltd.,’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. 0.137 Cr | Rs. 0.107 Cr | Rs. 0.108 Cr | + 0.93 % | -21.17 % |
Expenses | Rs. 0.09 Cr | Rs. 0.09 Cr | Rs. 0.1 Cr | + 11.11 % | + 11.11 % |
Operating Profit | Rs. 0.05 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | -80 % |
Net Profit | Rs. -0.07 Cr | Rs. 0.06 Cr | Rs. 0.01 Cr | -83.33 % | + 114.29 % |
EPS in Rs | Rs. -0.01 | Rs. 0.01 | Rs. 0 | 0 % | 0 % |
In reviewing Jai Mata Glass Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -21.17 % year-on-year, however, there was a minor increase of 0.93 % from the previous quarter. Expenses rose by 11.11 % compared to the previous year, with a 11.11 % increase quarter-on-quarter. Operating Profit dropped by -80 % annually, and saw a -50 % decrease from the last quarter.
Net Profit showed yearly increase of 114.29 %, and experienced a -83.33 % decrease from the previous quarter. In essence, while Jai Mata Glass Ltd., faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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