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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’s sales declined by -3.92 % over the year, decrease in net sales/revenue by -13.93 %.
- 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 3.11 %. Marginal decrease of -8.37% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Jagran Prakashan Limited. Profit dropped by -7.38 % Year to Year, Jagran Prakashan Limited’s profitability dropped by -43.77 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -7.34 % Year to Year. EPS decreased by -43.73 % 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. 385.561 Cr | Rs. 430.423 Cr | Rs. 370.446 Cr | -13.93 % | -3.92 % |
Expenses | Rs. 323.45 Cr | Rs. 320.51 Cr | Rs. 312.36 Cr | -2.54 % | -3.43 % |
Operating Profit | Rs. 62.11 Cr | Rs. 109.91 Cr | Rs. 58.09 Cr | -47.15 % | -6.47 % |
OPM % | 16.11 % | 25.54 % | 15.68 % | -9.86 % | -0.43 % |
Other Income | Rs. 15.495 Cr | Rs. 17.437 Cr | Rs. 15.977 Cr | -8.37 % | + 3.11 % |
Interest | Rs. 4.52 Cr | Rs. 4.96 Cr | Rs. 2.48 Cr | -50 % | -45.13 % |
Depreciation | Rs. 12.54 Cr | Rs. 14.39 Cr | Rs. 12.02 Cr | -16.47 % | -4.15 % |
Profit before tax | Rs. 60.55 Cr | Rs. 108 Cr | Rs. 59.57 Cr | -44.84 % | -1.62 % |
Tax % | 21.58 % | 27.58 % | 26.17 % | -1.41 % | + 4.59 % |
Net Profit | Rs. 47.48 Cr | Rs. 78.22 Cr | Rs. 43.98 Cr | -43.77 % | -7.37 % |
EPS in Rs | Rs. 2.18 | Rs. 3.59 | Rs. 2.02 | -43.73 % | -7.34 % |
Today, we’re looking at Jagran Prakashan Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -3.92 %. However, it did see a marginal slip of -13.93 % from the previous quarter. Expenses decreased slightly by -2.54 % quarter-on-quarter, aligning with the annual decline of -3.43 %. Operating profit, while down -6.47 % compared to last year, faced a quarter-on-quarter dip of -47.15 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.43 %, but a shrinkage of -9.86 % sequentially. Other income fell by -8.37 % compared to the last quarter, despite an annual growth of 3.11 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -45.13 %. Depreciation costs fell by -16.47 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.15 %. Profit before tax declined annually by -1.62 % but saw a reduction from the preceding quarter by -44.84 %.
Tax expenses as a percentage of profits increased slightly by 4.59 % compared to last year, with a more notable quarter-on-quarter decrease of -1.41 %. Net profit fell by -7.37 % year-on-year but witnessed a -43.77 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -7.34 % but a quarterly fall of -43.73 %. In summary, Jagran Prakashan 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. 385.561 Cr | Rs. 430.423 Cr | Rs. 370.446 Cr | -13.93 % | -3.92 % |
Expenses | Rs. 323.45 Cr | Rs. 320.51 Cr | Rs. 312.36 Cr | -2.54 % | -3.43 % |
Operating Profit | Rs. 62.11 Cr | Rs. 109.91 Cr | Rs. 58.09 Cr | -47.15 % | -6.47 % |
Net Profit | Rs. 47.48 Cr | Rs. 78.22 Cr | Rs. 43.98 Cr | -43.77 % | -7.37 % |
EPS in Rs | Rs. 2.18 | Rs. 3.59 | Rs. 2.02 | -43.73 % | -7.34 % |
In reviewing Jagran Prakashan Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.92 % year-on-year, although there was a slight dip of -13.93 % from the previous quarter. Expenses decreased by -3.43 % compared to the previous year, with a decrease of -2.54 % quarter-on-quarter. Operating Profit dropped by -6.47 % annually, and saw a -47.15 % decrease from the last quarter.
Net Profit showed yearly decrease of -7.37 %, and experienced a -43.77 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -7.34 % annually, however dipped by -43.73 % compared to the last quarter. In essence, while Jagran Prakashan 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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