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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.02 % in the past year, decrease in net sales/revenue by -15.89 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -62.7 %, Marginal increase in other income during this quarter, up by 21.98%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Jagatjit Industries Ltd.,. Profit dropped by -69.47 % Year to Year, Jagatjit Industries Ltd.,’s profitability increased by 216.13 % in this quarter.
- EPS over the Year and quarter: EPS declined by -70.00 % Year to Year. EPS increased by 223.08 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 150.15 Cr | Rs. 192.84 Cr | Rs. 162.19 Cr | -15.89 % | + 8.02 % |
Expenses | Rs. 149.98 Cr | Rs. 188.2 Cr | Rs. 157.44 Cr | -16.34 % | + 4.97 % |
Operating Profit | Rs. 0.17 Cr | Rs. 4.64 Cr | Rs. 4.75 Cr | + 2.37 % | + 2694.12 % |
OPM % | 0.11 % | 2.41 % | 2.93 % | + 0.52 % | + 2.82 % |
Other Income | Rs. 16.22 Cr | Rs. 4.96 Cr | Rs. 6.05 Cr | + 21.98 % | -62.7 % |
Interest | Rs. 7.51 Cr | Rs. 6.5 Cr | Rs. 6.47 Cr | -0.46 % | -13.85 % |
Depreciation | Rs. 2.46 Cr | Rs. 2.48 Cr | Rs. 2.37 Cr | -4.44 % | -3.66 % |
Profit before tax | Rs. 6.42 Cr | Rs. 0.62 Cr | Rs. 1.96 Cr | + 216.13 % | -69.47 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 6.42 Cr | Rs. 0.62 Cr | Rs. 1.96 Cr | + 216.13 % | -69.47 % |
EPS in Rs | Rs. 1.37 | Rs. 0.12 | Rs. 0.41 | + 241.67 % | -70.07 % |
Today, we’re looking at Jagatjit Industries Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 8.02 %. However, it did see a marginal slip of -15.89 % from the previous quarter. Expenses decreased slightly by -16.34 % quarter-on-quarter, aligning with the annual rise of 4.97 %. Operating profit, while up 2694.12 % compared to last year, faced a quarter-on-quarter increase of 2.37 %, 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 2.82 %, but an expansion of 0.52 % sequentially. Other income rose by 21.98 % compared to the last quarter, despite an annual decline of -62.7 %. Interest expenses dropped significantly by -0.46 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.85 %. Depreciation costs fell by -4.44 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.66 %. Profit before tax declined annually by -69.47 % but saw an increase from the preceding quarter by 216.13 %.
Net profit fell by -69.47 % year-on-year but experienced a 216.13 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -70.07 % but a quarterly rise of 241.67 %. In summary, Jagatjit Industries 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. 150.15 Cr | Rs. 192.84 Cr | Rs. 162.19 Cr | -15.89 % | + 8.02 % |
Expenses | Rs. 149.98 Cr | Rs. 188.2 Cr | Rs. 157.44 Cr | -16.34 % | + 4.97 % |
Operating Profit | Rs. 0.17 Cr | Rs. 4.64 Cr | Rs. 4.75 Cr | + 2.37 % | + 2694.12 % |
Net Profit | Rs. 6.42 Cr | Rs. 0.62 Cr | Rs. 1.96 Cr | + 216.13 % | -69.47 % |
EPS in Rs | Rs. 1.37 | Rs. 0.12 | Rs. 0.41 | + 241.67 % | -70.07 % |
In reviewing Jagatjit Industries Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.02 % year-on-year growth, although there was a slight dip of -15.89 % from the previous quarter. Expenses rose by 4.97 % compared to the previous year, with a decrease of -16.34 % quarter-on-quarter. Operating Profit surged by 2694.12 % annually, and saw a 2.37 % increase from the last quarter.
Net Profit showed yearly decrease of -69.47 %, and experienced a 216.13 % increase from the previous quarter. Earnings Per Share (EPS) fell by -70.07 % annually, however rose by 241.67 % compared to the last quarter. In essence, while Jagatjit Industries 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.