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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.
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.