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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 4.65 % in the past year, decrease in net sales/revenue by -1.48 %.
- 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 15.99 %. Marginal decrease of -57.71% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Jai Corp Limited. Notable increase of 149.64 % in net profit Year to Year, Jai Corp Limited’s profitability dropped by -41.5 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 148.39 % Year to Year. EPS decreased by -41.22 % 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. 115.55 Cr | Rs. 122.74 Cr | Rs. 120.92 Cr | -1.48 % | + 4.65 % |
Expenses | Rs. 108.87 Cr | Rs. 106.93 Cr | Rs. 107.32 Cr | + 0.36 % | -1.42 % |
Operating Profit | Rs. 6.68 Cr | Rs. 15.81 Cr | Rs. 13.6 Cr | -13.98 % | + 103.59 % |
OPM % | 5.78 % | 12.88 % | 11.25 % | -1.63 % | + 5.47 % |
Other Income | Rs. 6.19 Cr | Rs. 16.98 Cr | Rs. 7.18 Cr | -57.71 % | + 15.99 % |
Interest | Rs. 0.03 Cr | Rs. 0.05 Cr | Rs. 0.05 Cr | + 0 % | + 66.67 % |
Depreciation | Rs. 3.12 Cr | Rs. 2.88 Cr | Rs. 2.81 Cr | -2.43 % | -9.94 % |
Profit before tax | Rs. 9.72 Cr | Rs. 29.86 Cr | Rs. 17.92 Cr | -39.99 % | + 84.36 % |
Tax % | 41.51 % | 20.25 % | 23.24 % | + 2.99 % | -18.27 % |
Net Profit | Rs. 5.5 Cr | Rs. 23.47 Cr | Rs. 13.73 Cr | -41.5 % | + 149.64 % |
EPS in Rs | Rs. 0.31 | Rs. 1.31 | Rs. 0.77 | -41.22 % | + 148.39 % |
Today, we’re looking at Jai Corp Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 4.65 %. However, it did see a marginal slip of -1.48 % from the previous quarter. Expenses ticked up slightly by 0.36 % quarter-on-quarter, aligning with the annual decline of -1.42 %. Operating profit, while up 103.59 % compared to last year, faced a quarter-on-quarter dip of -13.98 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 5.47 %, but a shrinkage of -1.63 % sequentially. Other income fell by -57.71 % compared to the last quarter, despite an annual growth of 15.99 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 66.67 %. Depreciation costs fell by -2.43 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -9.94 %. Profit before tax grew annually by 84.36 % but saw a reduction from the preceding quarter by -39.99 %.
Tax expenses as a percentage of profits decreased slightly by -18.27 % compared to last year, with a more notable quarter-on-quarter increase of 2.99 %. Net profit rose by 149.64 % year-on-year but witnessed a -41.5 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 148.39 % but a quarterly fall of -41.22 %. In summary, Jai Corp 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. 115.55 Cr | Rs. 122.74 Cr | Rs. 120.92 Cr | -1.48 % | + 4.65 % |
Expenses | Rs. 108.87 Cr | Rs. 106.93 Cr | Rs. 107.32 Cr | + 0.36 % | -1.42 % |
Operating Profit | Rs. 6.68 Cr | Rs. 15.81 Cr | Rs. 13.6 Cr | -13.98 % | + 103.59 % |
Net Profit | Rs. 5.5 Cr | Rs. 23.47 Cr | Rs. 13.73 Cr | -41.5 % | + 149.64 % |
EPS in Rs | Rs. 0.31 | Rs. 1.31 | Rs. 0.77 | -41.22 % | + 148.39 % |
In reviewing Jai Corp Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.65 % year-on-year growth, although there was a slight dip of -1.48 % from the previous quarter. Expenses decreased by -1.42 % compared to the previous year, with a 0.36 % increase quarter-on-quarter. Operating Profit surged by 103.59 % annually, and saw a -13.98 % decrease from the last quarter.
Net Profit showed yearly increase of 149.64 %, and experienced a -41.5 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 148.39 % annually, however dipped by -41.22 % compared to the last quarter. In essence, while Jai Corp Limited exhibits strong annual growth 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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