NIFTY 50 22795.9 ▼ (0.51%)
NIFTY NEXT 50 60466.8 ▼ (0.94%)
NIFTY 100 23274.05 ▼ (0.59%)
NIFTY MIDCAP 100 50486.2 ▼ (1.32%)
NIFTY SMALLCAP 100 15636.9 ▼ (0.7%)
NIFTY SMALLCAP 250 14683.4 ▼ (0.57%)
NIFTY MIDCAP SELECT 11198.9 ▼ (1.69%)
NIFTY TOTAL MARKET 11634.25 ▼ (0.67%)
NIFTY BANK 48981.2 ▼ (0.72%)
SENSEX 75311.06 ▼ (0.56%)
BSE BANKEX 55718.18 ▼ (0.82%)

Jai Corp : Q4 2024 Financial Quarterly Report : YoY Sales Down 1.64 %, QoQ Up 14.83 %

Image is loading

Highlights

  • Sales over the Year and quarter: The company’s sales declined by -1.64 % over the year, substantial increase in net sales/revenue by 14.83 %.
  • 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 100 %. Marginal increase in other income during this quarter, up by 111.64%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Jai Corp Limited. Profit dropped by -160.07 % Year to Year, Jai Corp Limited’s profitability increased by 96.57 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -159.82 % Year to Year. EPS increased by 95.52 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Jai Corp Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 124.79 Cr Rs. 106.89 Cr Rs. 122.74 Cr + 14.83 % -1.64 %
Expenses Rs. 113.45 Cr Rs. 94.99 Cr Rs. 105.68 Cr + 11.25 % -6.85 %
Operating Profit Rs. 11.34 Cr Rs. 11.9 Cr Rs. 17.06 Cr + 43.36 % + 50.44 %
OPM % 9.09 % 11.13 % 13.9 % + 2.77 % + 4.81 %
Other Income Rs. 7.82 Cr Rs. 7.39 Cr Rs. 15.64 Cr + 111.64 % + 100 %
Interest Rs. 0.06 Cr Rs. 0.06 Cr Rs. 0.05 Cr -16.67 % -16.67 %
Depreciation Rs. 3.18 Cr Rs. 3.09 Cr Rs. 2.88 Cr -6.8 % -9.43 %
Profit before tax Rs. 15.92 Cr Rs. 16.14 Cr Rs. 29.77 Cr + 84.45 % + 87 %
Tax % -12.07 % 25.96 % 20.25 % -5.71 % + 32.32 %
Net Profit Rs. -39.07 Cr Rs. 11.94 Cr Rs. 23.47 Cr + 96.57 % + 160.07 %
EPS in Rs Rs. -2.19 Rs. 0.67 Rs. 1.31 + 95.52 % + 159.82 %


Today, we’re looking at Jai Corp Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -1.64 %. However, it did see a marginal increase of 14.83 % from the previous quarter. Expenses ticked up slightly by 11.25 % quarter-on-quarter, aligning with the annual decline of -6.85 %. Operating profit, while up 50.44 % compared to last year, faced a quarter-on-quarter increase of 43.36 %, 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 4.81 %, but an expansion of 2.77 % sequentially. Other income rose by 111.64 % compared to the last quarter, despite an annual growth of 100 %. Interest expenses dropped significantly by -16.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -16.67 %. Depreciation costs fell by -6.8 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -9.43 %. Profit before tax grew annually by 87 % but saw an increase from the preceding quarter by 84.45 %.
Tax expenses as a percentage of profits increased slightly by 32.32 % compared to last year, with a more notable quarter-on-quarter decrease of -5.71 %. Net profit rose by 160.07 % year-on-year but experienced a 96.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 159.82 % but a quarterly rise of 95.52 %. 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. 124.79 Cr Rs. 106.89 Cr Rs. 122.74 Cr + 14.83 % -1.64 %
Expenses Rs. 113.45 Cr Rs. 94.99 Cr Rs. 105.68 Cr + 11.25 % -6.85 %
Operating Profit Rs. 11.34 Cr Rs. 11.9 Cr Rs. 17.06 Cr + 43.36 % + 50.44 %
Net Profit Rs. -39.07 Cr Rs. 11.94 Cr Rs. 23.47 Cr + 96.57 % + 160.07 %
EPS in Rs Rs. -2.19 Rs. 0.67 Rs. 1.31 + 95.52 % + 159.82 %


In reviewing Jai Corp Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.64 % year-on-year, however, there was a minor increase of 14.83 % from the previous quarter. Expenses decreased by -6.85 % compared to the previous year, with a 11.25 % increase quarter-on-quarter. Operating Profit surged by 50.44 % annually, and saw a 43.36 % increase from the last quarter.
Net Profit showed yearly increase of 160.07 %, and experienced a 96.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 159.82 % annually, however rose by 95.52 % compared to the last quarter. In essence, while Jai Corp Limited 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.

[my_shortcode1 values=”Jai Corp “]

Related Post