Share the post "JTaparia Projects : Q1 2024 Financial Quarterly Report : YoY Sales Up 1518.93 %, QoQ Up 360.21 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1518.93 % in the past year, substantial increase in net sales/revenue by 360.21 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for J.Taparia Projects Ltd. Profit dropped by -102.97 % Year to Year, J.Taparia Projects Ltd’s profitability dropped by -172.89 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -103.17 % Year to Year. EPS decreased by -180 % 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. 0.898 Cr | Rs. 3.159 Cr | Rs. 14.538 Cr | + 360.21 % | + 1518.93 % |
Expenses | Rs. 4.97 Cr | Rs. 3.32 Cr | Rs. 14.38 Cr | + 333.13 % | + 189.34 % |
Operating Profit | Rs. -4.07 Cr | Rs. -0.16 Cr | Rs. 0.16 Cr | + 200 % | + 103.93 % |
OPM % | -453.23 % | -5.06 % | 1.1 % | + 6.16 % | + 454.33 % |
Other Income | Rs. -0 Cr | Rs. -0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.02 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.03 Cr | + 200 % | 0 % |
Profit before tax | Rs. -4.07 Cr | Rs. -0.17 Cr | Rs. 0.11 Cr | + 164.71 % | + 102.7 % |
Tax % | -0 % | -0.61 % | 5.22 % | + 5.83 % | + 5.22 % |
Net Profit | Rs. -4.08 Cr | Rs. -0.17 Cr | Rs. 0.12 Cr | + 170.59 % | + 102.94 % |
EPS in Rs | Rs. -2.52 | Rs. -0.1 | Rs. 0.08 | + 180 % | + 103.17 % |
Today, we’re looking at J.Taparia Projects Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1518.93 %. However, it did see a marginal increase of 360.21 % from the previous quarter. Expenses ticked up slightly by 333.13 % quarter-on-quarter, aligning with the annual rise of 189.34 %. Operating profit, while up 103.93 % compared to last year, faced a quarter-on-quarter increase of 200 %, 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 454.33 %, but an expansion of 6.16 % sequentially. Depreciation costs climbed by 200 % quarter-on-quarter, Profit before tax grew annually by 102.7 % but saw an increase from the preceding quarter by 164.71 %.
Tax expenses as a percentage of profits increased slightly by 5.22 % compared to last year, with a more notable quarter-on-quarter increase of 5.83 %. Net profit rose by 102.94 % year-on-year but experienced a 170.59 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 103.17 % but a quarterly rise of 180 %. In summary, J.Taparia Projects 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. 0.898 Cr | Rs. 3.159 Cr | Rs. 14.538 Cr | + 360.21 % | + 1518.93 % |
Expenses | Rs. 4.97 Cr | Rs. 3.32 Cr | Rs. 14.38 Cr | + 333.13 % | + 189.34 % |
Operating Profit | Rs. -4.07 Cr | Rs. -0.16 Cr | Rs. 0.16 Cr | + 200 % | + 103.93 % |
Net Profit | Rs. -4.08 Cr | Rs. -0.17 Cr | Rs. 0.12 Cr | + 170.59 % | + 102.94 % |
EPS in Rs | Rs. -2.52 | Rs. -0.1 | Rs. 0.08 | + 180 % | + 103.17 % |
In reviewing J.Taparia Projects Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1518.93 % year-on-year growth, however, there was a minor increase of 360.21 % from the previous quarter. Expenses rose by 189.34 % compared to the previous year, with a 333.13 % increase quarter-on-quarter. Operating Profit surged by 103.93 % annually, and saw a 200 % increase from the last quarter.
Net Profit showed yearly increase of 102.94 %, and experienced a 170.59 % increase from the previous quarter. Earnings Per Share (EPS) rose by 103.17 % annually, however rose by 180 % compared to the last quarter. In essence, while J.Taparia Projects 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.