Share the post "Jeevan Scientific Technology announced Financial Results Q1 2024-25"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 23.98 % in the past year, substantial increase in net sales/revenue by 16.36 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -61.41 %, Marginal decrease of -50.64% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Jeevan Scientific Technology Limited. Notable increase of 102.37 % in net profit Year to Year, Jeevan Scientific Technology Limited’s profitability dropped by -240.16 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 100.00 % Year to Year. EPS decreased by -240.43 % 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. 10.389 Cr | Rs. 11.069 Cr | Rs. 12.88 Cr | + 16.36 % | + 23.98 % |
Expenses | Rs. 8.36 Cr | Rs. 10.09 Cr | Rs. 9.66 Cr | -4.26 % | + 15.55 % |
Operating Profit | Rs. 2.03 Cr | Rs. 0.98 Cr | Rs. 3.22 Cr | + 228.57 % | + 58.62 % |
OPM % | 19.54 % | 8.85 % | 25 % | + 16.15 % | + 5.46 % |
Other Income | Rs. 0.298 Cr | Rs. 0.233 Cr | Rs. 0.115 Cr | -50.64 % | -61.41 % |
Interest | Rs. 0.23 Cr | Rs. 0.33 Cr | Rs. 0.33 Cr | + 0 % | + 43.48 % |
Depreciation | Rs. 1.47 Cr | Rs. 1.64 Cr | Rs. 1.51 Cr | -7.93 % | + 2.72 % |
Profit before tax | Rs. 0.63 Cr | Rs. -0.76 Cr | Rs. 1.5 Cr | + 297.37 % | + 138.1 % |
Tax % | 19.27 % | -3.56 % | 31.33 % | + 34.89 % | + 12.06 % |
Net Profit | Rs. 0.51 Cr | Rs. -0.73 Cr | Rs. 1.03 Cr | + 241.1 % | + 101.96 % |
EPS in Rs | Rs. 0.32 | Rs. -0.47 | Rs. 0.66 | + 240.43 % | + 106.25 % |
Today, we’re looking at Jeevan Scientific Technology Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 23.98 %. However, it did see a marginal increase of 16.36 % from the previous quarter. Expenses decreased slightly by -4.26 % quarter-on-quarter, aligning with the annual rise of 15.55 %. Operating profit, while up 58.62 % compared to last year, faced a quarter-on-quarter increase of 228.57 %, 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 5.46 %, but an expansion of 16.15 % sequentially. Other income fell by -50.64 % compared to the last quarter, despite an annual decline of -61.41 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 43.48 %. Depreciation costs fell by -7.93 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.72 %. Profit before tax grew annually by 138.1 % but saw an increase from the preceding quarter by 297.37 %.
Tax expenses as a percentage of profits increased slightly by 12.06 % compared to last year, with a more notable quarter-on-quarter increase of 34.89 %. Net profit rose by 101.96 % year-on-year but experienced a 241.1 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 106.25 % but a quarterly rise of 240.43 %. In summary, Jeevan Scientific Technology 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. 10.389 Cr | Rs. 11.069 Cr | Rs. 12.88 Cr | + 16.36 % | + 23.98 % |
Expenses | Rs. 8.36 Cr | Rs. 10.09 Cr | Rs. 9.66 Cr | -4.26 % | + 15.55 % |
Operating Profit | Rs. 2.03 Cr | Rs. 0.98 Cr | Rs. 3.22 Cr | + 228.57 % | + 58.62 % |
Net Profit | Rs. 0.51 Cr | Rs. -0.73 Cr | Rs. 1.03 Cr | + 241.1 % | + 101.96 % |
EPS in Rs | Rs. 0.32 | Rs. -0.47 | Rs. 0.66 | + 240.43 % | + 106.25 % |
In reviewing Jeevan Scientific Technology Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.98 % year-on-year growth, however, there was a minor increase of 16.36 % from the previous quarter. Expenses rose by 15.55 % compared to the previous year, with a decrease of -4.26 % quarter-on-quarter. Operating Profit surged by 58.62 % annually, and saw a 228.57 % increase from the last quarter.
Net Profit showed yearly increase of 101.96 %, and experienced a 241.1 % increase from the previous quarter. Earnings Per Share (EPS) rose by 106.25 % annually, however rose by 240.43 % compared to the last quarter. In essence, while Jeevan Scientific Technology 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.
[my_shortcode1 values=”Jeevan Scientific Technology “]