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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.
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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