Share the post "Jattashankar Industries ‘s Q2 Results: Profit Drops by 14.29% YoY"
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 -15.76 % over the year, decrease in net sales/revenue by -6 %.
- 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 102.16 %. Marginal increase in other income during this quarter, up by 172.76%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Jattashankar Industries Limited. Profit dropped by -12.5 % Year to Year, Jattashankar Industries Limited’s profitability dropped by -120.34 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -12.90 % Year to Year. EPS decreased by -120.3 % 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. 4.689 Cr | Rs. 4.202 Cr | Rs. 3.95 Cr | -6 % | -15.76 % |
Expenses | Rs. 4.67 Cr | Rs. 4.23 Cr | Rs. 4.21 Cr | -0.47 % | -9.85 % |
Operating Profit | Rs. 0.02 Cr | Rs. -0.03 Cr | Rs. -0.26 Cr | -766.67 % | -1400 % |
OPM % | 0.43 % | -0.71 % | -6.58 % | -5.87 % | -7.01 % |
Other Income | Rs. 0.185 Cr | Rs. -0.514 Cr | Rs. 0.374 Cr | + 172.76 % | + 102.16 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.06 Cr | Rs. 0.03 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.15 Cr | Rs. -0.57 Cr | Rs. 0.11 Cr | + 119.3 % | -26.67 % |
Tax % | 6.25 % | -1.39 % | 7.21 % | + 8.6 % | + 0.96 % |
Net Profit | Rs. 0.14 Cr | Rs. -0.59 Cr | Rs. 0.12 Cr | + 120.34 % | -14.29 % |
EPS in Rs | Rs. 0.31 | Rs. -1.33 | Rs. 0.27 | + 120.3 % | -12.9 % |
Today, we’re looking at Jattashankar Industries 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 -15.76 %. However, it did see a marginal slip of -6 % from the previous quarter. Expenses decreased slightly by -0.47 % quarter-on-quarter, aligning with the annual decline of -9.85 %. Operating profit, while down -1400 % compared to last year, faced a quarter-on-quarter dip of -766.67 %, 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 -7.01 %, but a shrinkage of -5.87 % sequentially. Other income rose by 172.76 % compared to the last quarter, despite an annual growth of 102.16 %. Profit before tax declined annually by -26.67 % but saw an increase from the preceding quarter by 119.3 %.
Tax expenses as a percentage of profits increased slightly by 0.96 % compared to last year, with a more notable quarter-on-quarter increase of 8.6 %. Net profit fell by -14.29 % year-on-year but experienced a 120.34 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -12.9 % but a quarterly rise of 120.3 %. In summary, Jattashankar Industries 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. 4.689 Cr | Rs. 4.202 Cr | Rs. 3.95 Cr | -6 % | -15.76 % |
Expenses | Rs. 4.67 Cr | Rs. 4.23 Cr | Rs. 4.21 Cr | -0.47 % | -9.85 % |
Operating Profit | Rs. 0.02 Cr | Rs. -0.03 Cr | Rs. -0.26 Cr | -766.67 % | -1400 % |
Net Profit | Rs. 0.14 Cr | Rs. -0.59 Cr | Rs. 0.12 Cr | + 120.34 % | -14.29 % |
EPS in Rs | Rs. 0.31 | Rs. -1.33 | Rs. 0.27 | + 120.3 % | -12.9 % |
In reviewing Jattashankar Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -15.76 % year-on-year, although there was a slight dip of -6 % from the previous quarter. Expenses decreased by -9.85 % compared to the previous year, with a decrease of -0.47 % quarter-on-quarter. Operating Profit dropped by -1400 % annually, and saw a -766.67 % decrease from the last quarter.
Net Profit showed yearly decrease of -14.29 %, and experienced a 120.34 % increase from the previous quarter. Earnings Per Share (EPS) fell by -12.9 % annually, however rose by 120.3 % compared to the last quarter. In essence, while Jattashankar Industries 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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