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Share the post "Jay Bharat Maruti ‘s Q2 Update: Profit Falls by 66.48% Year-on-Year"
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 -9.44 % over the year, substantial increase in net sales/revenue by 4.14 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -28.46 %, Marginal increase in other income during this quarter, up by 21.37%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Jay Bharat Maruti Ltd.,. Profit dropped by -66.5 % Year to Year, Jay Bharat Maruti Ltd.,’s profitability dropped by -43.35 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -66.67 % Year to Year. EPS decreased by -44 % 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. 613.333 Cr | Rs. 533.371 Cr | Rs. 555.433 Cr | + 4.14 % | -9.44 % |
| Expenses | Rs. 568.08 Cr | Rs. 495.69 Cr | Rs. 521.35 Cr | + 5.18 % | -8.23 % |
| Operating Profit | Rs. 45.25 Cr | Rs. 37.68 Cr | Rs. 34.08 Cr | -9.55 % | -24.69 % |
| OPM % | 7.38 % | 7.06 % | 6.14 % | -0.92 % | -1.24 % |
| Other Income | Rs. 0.889 Cr | Rs. 0.524 Cr | Rs. 0.636 Cr | + 21.37 % | -28.46 % |
| Interest | Rs. 10.48 Cr | Rs. 9.15 Cr | Rs. 9.18 Cr | + 0.33 % | -12.4 % |
| Depreciation | Rs. 21.46 Cr | Rs. 20.97 Cr | Rs. 20.94 Cr | -0.14 % | -2.42 % |
| Profit before tax | Rs. 14.2 Cr | Rs. 8.08 Cr | Rs. 4.6 Cr | -43.07 % | -67.61 % |
| Tax % | 37.4 % | 33.56 % | 34.23 % | + 0.67 % | -3.17 % |
| Net Profit | Rs. 9.1 Cr | Rs. 5.38 Cr | Rs. 3.05 Cr | -43.31 % | -66.48 % |
| EPS in Rs | Rs. 0.84 | Rs. 0.5 | Rs. 0.28 | -44 % | -66.67 % |
Today, we’re looking at Jay Bharat Maruti Ltd.,’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 -9.44 %. However, it did see a marginal increase of 4.14 % from the previous quarter. Expenses ticked up slightly by 5.18 % quarter-on-quarter, aligning with the annual decline of -8.23 %. Operating profit, while down -24.69 % compared to last year, faced a quarter-on-quarter dip of -9.55 %, 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 -1.24 %, but a shrinkage of -0.92 % sequentially. Other income rose by 21.37 % compared to the last quarter, despite an annual decline of -28.46 %. Interest expenses surged remarkably by 0.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.4 %. Depreciation costs fell by -0.14 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.42 %. Profit before tax declined annually by -67.61 % but saw a reduction from the preceding quarter by -43.07 %.
Tax expenses as a percentage of profits decreased slightly by -3.17 % compared to last year, with a more notable quarter-on-quarter increase of 0.67 %. Net profit fell by -66.48 % year-on-year but witnessed a -43.31 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -66.67 % but a quarterly fall of -44 %. In summary, Jay Bharat Maruti 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. 613.333 Cr | Rs. 533.371 Cr | Rs. 555.433 Cr | + 4.14 % | -9.44 % |
| Expenses | Rs. 568.08 Cr | Rs. 495.69 Cr | Rs. 521.35 Cr | + 5.18 % | -8.23 % |
| Operating Profit | Rs. 45.25 Cr | Rs. 37.68 Cr | Rs. 34.08 Cr | -9.55 % | -24.69 % |
| Net Profit | Rs. 9.1 Cr | Rs. 5.38 Cr | Rs. 3.05 Cr | -43.31 % | -66.48 % |
| EPS in Rs | Rs. 0.84 | Rs. 0.5 | Rs. 0.28 | -44 % | -66.67 % |
In reviewing Jay Bharat Maruti Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.44 % year-on-year, however, there was a minor increase of 4.14 % from the previous quarter. Expenses decreased by -8.23 % compared to the previous year, with a 5.18 % increase quarter-on-quarter. Operating Profit dropped by -24.69 % annually, and saw a -9.55 % decrease from the last quarter.
Net Profit showed yearly decrease of -66.48 %, and experienced a -43.31 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -66.67 % annually, however dipped by -44 % compared to the last quarter. In essence, while Jay Bharat Maruti 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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