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Jagan Lamps Reports Q2: Revenue Up by 2.84% Year-on-Year

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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 experienced a substantial growth of 2.84 % in the past year, substantial increase in net sales/revenue by 41.39 %.
  • 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 162.04 %. Marginal increase in other income during this quarter, up by 177.45%.
  • Profit over the Year and quarter: Significant improvement in profitability for Jagan Lamps Ltd.. Notable increase of 2.2 % in net profit Year to Year, Jagan Lamps Ltd.’s profitability increased by 87.87 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 2.15 % Year to Year. EPS increased by 86.27 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Jagan Lamps Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 14.469 Cr Rs. 10.524 Cr Rs. 14.88 Cr + 41.39 % + 2.84 %
Expenses Rs. 13.25 Cr Rs. 9.65 Cr Rs. 13.68 Cr + 41.76 % + 3.25 %
Operating Profit Rs. 1.22 Cr Rs. 0.87 Cr Rs. 1.2 Cr + 37.93 % -1.64 %
OPM % 8.43 % 8.27 % 8.06 % -0.21 % -0.37 %
Other Income Rs. 0.108 Cr Rs. 0.102 Cr Rs. 0.283 Cr + 177.45 % + 162.04 %
Interest Rs. 0.06 Cr Rs. 0.11 Cr Rs. 0.2 Cr + 81.82 % + 233.33 %
Depreciation Rs. 0.34 Cr Rs. 0.35 Cr Rs. 0.36 Cr + 2.86 % + 5.88 %
Profit before tax Rs. 0.93 Cr Rs. 0.51 Cr Rs. 0.92 Cr + 80.39 % -1.08 %
Tax % 26.35 % 29.52 % 25.08 % -4.44 % -1.27 %
Net Profit Rs. 0.68 Cr Rs. 0.37 Cr Rs. 0.7 Cr + 89.19 % + 2.94 %
EPS in Rs Rs. 0.93 Rs. 0.51 Rs. 0.95 + 86.27 % + 2.15 %


Today, we’re looking at Jagan Lamps Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 2.84 %. However, it did see a marginal increase of 41.39 % from the previous quarter. Expenses ticked up slightly by 41.76 % quarter-on-quarter, aligning with the annual rise of 3.25 %. Operating profit, while down -1.64 % compared to last year, faced a quarter-on-quarter increase of 37.93 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.37 %, but a shrinkage of -0.21 % sequentially. Other income rose by 177.45 % compared to the last quarter, despite an annual growth of 162.04 %. Interest expenses surged remarkably by 81.82 % from the previous quarter, yet the year-over-year increase remains at a moderate 233.33 %. Depreciation costs climbed by 2.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.88 %. Profit before tax declined annually by -1.08 % but saw an increase from the preceding quarter by 80.39 %.
Tax expenses as a percentage of profits decreased slightly by -1.27 % compared to last year, with a more notable quarter-on-quarter decrease of -4.44 %. Net profit rose by 2.94 % year-on-year but experienced a 89.19 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2.15 % but a quarterly rise of 86.27 %. In summary, Jagan Lamps 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. 14.469 Cr Rs. 10.524 Cr Rs. 14.88 Cr + 41.39 % + 2.84 %
Expenses Rs. 13.25 Cr Rs. 9.65 Cr Rs. 13.68 Cr + 41.76 % + 3.25 %
Operating Profit Rs. 1.22 Cr Rs. 0.87 Cr Rs. 1.2 Cr + 37.93 % -1.64 %
Net Profit Rs. 0.68 Cr Rs. 0.37 Cr Rs. 0.7 Cr + 89.19 % + 2.94 %
EPS in Rs Rs. 0.93 Rs. 0.51 Rs. 0.95 + 86.27 % + 2.15 %


In reviewing Jagan Lamps Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.84 % year-on-year growth, however, there was a minor increase of 41.39 % from the previous quarter. Expenses rose by 3.25 % compared to the previous year, with a 41.76 % increase quarter-on-quarter. Operating Profit dropped by -1.64 % annually, and saw a 37.93 % increase from the last quarter.
Net Profit showed yearly increase of 2.94 %, and experienced a 89.19 % increase from the previous quarter. Earnings Per Share (EPS) rose by 2.15 % annually, however rose by 86.27 % compared to the last quarter. In essence, while Jagan Lamps Ltd. exhibits strong annual growth 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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