Share the post "Jaiprakash Associates ‘s Q2 Report: Revenue Falls by 27.53% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -27.53 % over the year, decrease in net sales/revenue by -17.78 %.
- 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 4.8 %. Marginal increase in other income during this quarter, up by 107.27%.
- Profit over the Year and quarter: Significant improvement in profitability for Jaiprakash Associates Limited. Notable increase of 20.05 % in net profit Year to Year, Jaiprakash Associates Limited’s profitability dropped by -70.97 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 19.00 % Year to Year. EPS decreased by -71.46 % 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. 1895.51 Cr | Rs. 1670.75 Cr | Rs. 1373.67 Cr | -17.78 % | -27.53 % |
Expenses | Rs. 1805.69 Cr | Rs. 1535.79 Cr | Rs. 1334.25 Cr | -13.12 % | -26.11 % |
Operating Profit | Rs. 89.82 Cr | Rs. 134.96 Cr | Rs. 39.42 Cr | -70.79 % | -56.11 % |
OPM % | 4.74 % | 8.08 % | 2.87 % | -5.21 % | -1.87 % |
Other Income | Rs. 57.55 Cr | Rs. -829.71 Cr | Rs. 60.31 Cr | + 107.27 % | + 4.8 % |
Interest | Rs. 253.27 Cr | Rs. 274.46 Cr | Rs. 297.36 Cr | + 8.34 % | + 17.41 % |
Depreciation | Rs. 96.08 Cr | Rs. 88.28 Cr | Rs. 84.75 Cr | -4 % | -11.79 % |
Profit before tax | Rs. -201.98 Cr | Rs. -1057.49 Cr | Rs. -282.38 Cr | + 73.3 % | -39.81 % |
Tax % | -1.59 % | -0.56 % | -0.9 % | -0.34 % | + 0.69 % |
Net Profit | Rs. -248.09 Cr | Rs. -1025.93 Cr | Rs. -297.83 Cr | + 70.97 % | -20.05 % |
EPS in Rs | Rs. -1 | Rs. -4.17 | Rs. -1.19 | + 71.46 % | -19 % |
Today, we’re looking at Jaiprakash Associates Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -27.53 %. However, it did see a marginal slip of -17.78 % from the previous quarter. Expenses decreased slightly by -13.12 % quarter-on-quarter, aligning with the annual decline of -26.11 %. Operating profit, while down -56.11 % compared to last year, faced a quarter-on-quarter dip of -70.79 %, 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 -1.87 %, but a shrinkage of -5.21 % sequentially. Other income rose by 107.27 % compared to the last quarter, despite an annual growth of 4.8 %. Interest expenses surged remarkably by 8.34 % from the previous quarter, yet the year-over-year increase remains at a moderate 17.41 %. Depreciation costs fell by -4 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -11.79 %. Profit before tax declined annually by -39.81 % but saw an increase from the preceding quarter by 73.3 %.
Tax expenses as a percentage of profits increased slightly by 0.69 % compared to last year, with a more notable quarter-on-quarter decrease of -0.34 %. Net profit fell by -20.05 % year-on-year but experienced a 70.97 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -19 % but a quarterly rise of 71.46 %. In summary, Jaiprakash Associates 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. 1895.51 Cr | Rs. 1670.75 Cr | Rs. 1373.67 Cr | -17.78 % | -27.53 % |
Expenses | Rs. 1805.69 Cr | Rs. 1535.79 Cr | Rs. 1334.25 Cr | -13.12 % | -26.11 % |
Operating Profit | Rs. 89.82 Cr | Rs. 134.96 Cr | Rs. 39.42 Cr | -70.79 % | -56.11 % |
Net Profit | Rs. -248.09 Cr | Rs. -1025.93 Cr | Rs. -297.83 Cr | + 70.97 % | -20.05 % |
EPS in Rs | Rs. -1 | Rs. -4.17 | Rs. -1.19 | + 71.46 % | -19 % |
In reviewing Jaiprakash Associates Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -27.53 % year-on-year, although there was a slight dip of -17.78 % from the previous quarter. Expenses decreased by -26.11 % compared to the previous year, with a decrease of -13.12 % quarter-on-quarter. Operating Profit dropped by -56.11 % annually, and saw a -70.79 % decrease from the last quarter.
Net Profit showed yearly decrease of -20.05 %, and experienced a 70.97 % increase from the previous quarter. Earnings Per Share (EPS) fell by -19 % annually, however rose by 71.46 % compared to the last quarter. In essence, while Jaiprakash Associates Limited faces strong annual decline 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.
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