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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’s sales declined by -21.61 % over the year, decrease in net sales/revenue by -21.08 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -40.06 %, Marginal decrease of -35.93% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for JK Lakshmi Cement Limited. Profit dropped by -120.07 % Year to Year, JK Lakshmi Cement Limited’s profitability dropped by -128.46 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -115.10 % Year to Year. EPS decreased by -119.93 % 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. 1574.53 Cr | Rs. 1563.88 Cr | Rs. 1234.29 Cr | -21.08 % | -21.61 % |
Expenses | Rs. 1357.29 Cr | Rs. 1341.51 Cr | Rs. 1153.33 Cr | -14.03 % | -15.03 % |
Operating Profit | Rs. 217.24 Cr | Rs. 222.37 Cr | Rs. 80.96 Cr | -63.59 % | -62.73 % |
OPM % | 13.8 % | 14.22 % | 6.56 % | -7.66 % | -7.24 % |
Other Income | Rs. 13.98 Cr | Rs. 13.08 Cr | Rs. 8.38 Cr | -35.93 % | -40.06 % |
Interest | Rs. 33.6 Cr | Rs. 48.42 Cr | Rs. 43.09 Cr | -11.01 % | + 28.24 % |
Depreciation | Rs. 56.65 Cr | Rs. 71.68 Cr | Rs. 74.89 Cr | + 4.48 % | + 32.2 % |
Profit before tax | Rs. 140.97 Cr | Rs. 115.35 Cr | Rs. -28.64 Cr | -124.83 % | -120.32 % |
Tax % | 31.99 % | 43.65 % | -46.21 % | -89.86 % | -78.2 % |
Net Profit | Rs. 95.87 Cr | Rs. 67.6 Cr | Rs. -19.24 Cr | -128.46 % | -120.07 % |
EPS in Rs | Rs. 7.88 | Rs. 5.97 | Rs. -1.19 | -119.93 % | -115.1 % |
Today, we’re looking at JK Lakshmi Cement Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -21.61 %. However, it did see a marginal slip of -21.08 % from the previous quarter. Expenses decreased slightly by -14.03 % quarter-on-quarter, aligning with the annual decline of -15.03 %. Operating profit, while down -62.73 % compared to last year, faced a quarter-on-quarter dip of -63.59 %, 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 -7.24 %, but a shrinkage of -7.66 % sequentially. Other income fell by -35.93 % compared to the last quarter, despite an annual decline of -40.06 %. Interest expenses dropped significantly by -11.01 % from the previous quarter, yet the year-over-year increase remains at a moderate 28.24 %. Depreciation costs climbed by 4.48 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 32.2 %. Profit before tax declined annually by -120.32 % but saw a reduction from the preceding quarter by -124.83 %.
Tax expenses as a percentage of profits decreased slightly by -78.2 % compared to last year, with a more notable quarter-on-quarter decrease of -89.86 %. Net profit fell by -120.07 % year-on-year but witnessed a -128.46 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -115.1 % but a quarterly fall of -119.93 %. In summary, JK Lakshmi Cement 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. 1574.53 Cr | Rs. 1563.88 Cr | Rs. 1234.29 Cr | -21.08 % | -21.61 % |
Expenses | Rs. 1357.29 Cr | Rs. 1341.51 Cr | Rs. 1153.33 Cr | -14.03 % | -15.03 % |
Operating Profit | Rs. 217.24 Cr | Rs. 222.37 Cr | Rs. 80.96 Cr | -63.59 % | -62.73 % |
Net Profit | Rs. 95.87 Cr | Rs. 67.6 Cr | Rs. -19.24 Cr | -128.46 % | -120.07 % |
EPS in Rs | Rs. 7.88 | Rs. 5.97 | Rs. -1.19 | -119.93 % | -115.1 % |
In reviewing JK Lakshmi Cement Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -21.61 % year-on-year, although there was a slight dip of -21.08 % from the previous quarter. Expenses decreased by -15.03 % compared to the previous year, with a decrease of -14.03 % quarter-on-quarter. Operating Profit dropped by -62.73 % annually, and saw a -63.59 % decrease from the last quarter.
Net Profit showed yearly decrease of -120.07 %, and experienced a -128.46 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -115.1 % annually, however dipped by -119.93 % compared to the last quarter. In essence, while JK Lakshmi Cement Limited 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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