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Jaihind Synthetics announces Q1 Report: Revenue Dropped by 78.43% YoY

September 16, 2024September 16, 2024| adminadmin| 0 Comments| 2:55 pm
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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 -78.43 % over the year, decrease in net sales/revenue by -91.41 %.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Jaihind Synthetics Ltd.. Profit dropped by -80 % Year to Year, Jaihind Synthetics Ltd.’s profitability dropped by -97.53 % Quarter to Quarter.
  • EPS over the Year and quarter:

The comprehensive analytics outlining the performance and outlook of Jaihind Synthetics Ltd.‘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. 0.051 Cr Rs. 0.128 Cr Rs. 0.011 Cr -91.41 % -78.43 %
Expenses Rs. 0.04 Cr Rs. 0.04 Cr Rs. 0.01 Cr -75 % -75 %
Operating Profit Rs. 0.01 Cr Rs. 0.09 Cr Rs. 0 Cr 0 % 0 %
OPM % 19.61 % 70.31 % 0 % -70.31 % -19.61 %
Other Income Rs. 0 Cr Rs. 0 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. 0.01 Cr Rs. 0.09 Cr Rs. 0 Cr 0 % 0 %
Tax % 33.33 % 6.9 % 0 % -6.9 % -33.33 %
Net Profit Rs. 0.01 Cr Rs. 0.08 Cr Rs. 0 Cr 0 % 0 %
EPS in Rs Rs. 0.01 Rs. 0.1 Rs. 0 0 % 0 %


Today, we’re looking at Jaihind Synthetics Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -78.43 %. However, it did see a marginal slip of -91.41 % from the previous quarter. Expenses decreased slightly by -75 % quarter-on-quarter, aligning with the annual decline of -75 %.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -19.61 %, but a shrinkage of -70.31 % sequentially.
Tax expenses as a percentage of profits decreased slightly by -33.33 % compared to last year, with a more notable quarter-on-quarter decrease of -6.9 %. In summary, Jaihind Synthetics Ltd.’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. 0.051 Cr Rs. 0.128 Cr Rs. 0.011 Cr -91.41 % -78.43 %
Expenses Rs. 0.04 Cr Rs. 0.04 Cr Rs. 0.01 Cr -75 % -75 %
Operating Profit Rs. 0.01 Cr Rs. 0.09 Cr Rs. 0 Cr 0 % 0 %
Net Profit Rs. 0.01 Cr Rs. 0.08 Cr Rs. 0 Cr 0 % 0 %
EPS in Rs Rs. 0.01 Rs. 0.1 Rs. 0 0 % 0 %


In reviewing Jaihind Synthetics Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -78.43 % year-on-year, although there was a slight dip of -91.41 % from the previous quarter. Expenses decreased by -75 % compared to the previous year, with a decrease of -75 % quarter-on-quarter.
In essence, while Jaihind Synthetics Ltd. 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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