Share the post "JAGJANANI TEXTILES ‘s Q1 Update: Profit Falls by 100.26% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Challenges in sustaining profitability for JAGJANANI TEXTILES LIMITED. Profit dropped by -100.15 % Year to Year, JAGJANANI TEXTILES LIMITED’s profitability dropped by -77.78 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -100 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.06 Cr | Rs. 0.03 Cr | Rs. 0.01 Cr | -66.67 % | -83.33 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.03 Cr | Rs. -0.01 Cr | + 66.67 % | + 83.33 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 3.982 Cr | Rs. 0.008 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 3.92 Cr | Rs. -0.02 Cr | Rs. -0.01 Cr | + 50 % | -100.26 % |
Tax % | 0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. 3.92 Cr | Rs. -0.03 Cr | Rs. -0.01 Cr | + 66.67 % | -100.26 % |
EPS in Rs | Rs. 2.51 | Rs. -0.02 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at JAGJANANI TEXTILES LIMITED’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -66.67 % quarter-on-quarter, aligning with the annual decline of -83.33 %. Operating profit, while up 83.33 % compared to last year, faced a quarter-on-quarter increase of 66.67 %, signaling a short-term expansion in margins.
Profit before tax declined annually by -100.26 % but saw an increase from the preceding quarter by 50 %.
Net profit fell by -100.26 % year-on-year but experienced a 66.67 % expansion from the last quarter. In summary, JAGJANANI TEXTILES 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.06 Cr | Rs. 0.03 Cr | Rs. 0.01 Cr | -66.67 % | -83.33 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.03 Cr | Rs. -0.01 Cr | + 66.67 % | + 83.33 % |
Net Profit | Rs. 3.92 Cr | Rs. -0.03 Cr | Rs. -0.01 Cr | + 66.67 % | -100.26 % |
EPS in Rs | Rs. 2.51 | Rs. -0.02 | Rs. 0 | 0 % | 0 % |
In reviewing JAGJANANI TEXTILES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -83.33 % compared to the previous year, with a decrease of -66.67 % quarter-on-quarter. Operating Profit surged by 83.33 % annually, and saw a 66.67 % increase from the last quarter.
Net Profit showed yearly decrease of -100.26 %, and experienced a 66.67 % increase from the previous quarter. In essence, while JAGJANANI TEXTILES 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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