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Share the post "Jhaveri Credits & Capital Reports Q2: Revenue Up by 2353.51% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 2353.51 % in the past year, decrease in net sales/revenue by -54.33 %.
- 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 591 %. Marginal increase in other income during this quarter, up by 90.88%.
- Profit over the Year and quarter: Significant improvement in profitability for Jhaveri Credits & Capital Ltd.. Notable increase of 307 % in net profit Year to Year, Jhaveri Credits & Capital Ltd.’s profitability increased by 49.46 % in this quarter.
- EPS over the Year and quarter: EPS increased by 192.45 % Year to Year. EPS increased by 49.04 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.228 Cr | Rs. 12.249 Cr | Rs. 5.594 Cr | -54.33 % | + 2353.51 % |
| Expenses | Rs. 0.07 Cr | Rs. 11.57 Cr | Rs. 4.96 Cr | -57.13 % | + 6985.71 % |
| Operating Profit | Rs. 0.16 Cr | Rs. 0.68 Cr | Rs. 0.63 Cr | -7.35 % | + 293.75 % |
| OPM % | 70.18 % | 5.55 % | 11.26 % | + 5.71 % | -58.92 % |
| Other Income | Rs. 0.2 Cr | Rs. 0.724 Cr | Rs. 1.382 Cr | + 90.88 % | + 591 % |
| Interest | Rs. 0 Cr | Rs. 0.02 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0.11 Cr | Rs. 0.11 Cr | + 0 % | 0 % |
| Profit before tax | Rs. 0.36 Cr | Rs. 1.27 Cr | Rs. 1.9 Cr | + 49.61 % | + 427.78 % |
| Tax % | 3.38 % | 27.03 % | 27.01 % | -0.02 % | + 23.63 % |
| Net Profit | Rs. 0.34 Cr | Rs. 0.93 Cr | Rs. 1.4 Cr | + 50.54 % | + 311.76 % |
| EPS in Rs | Rs. 0.53 | Rs. 1.04 | Rs. 1.55 | + 49.04 % | + 192.45 % |
Today, we’re looking at Jhaveri Credits & Capital Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 2353.51 %. However, it did see a marginal slip of -54.33 % from the previous quarter. Expenses decreased slightly by -57.13 % quarter-on-quarter, aligning with the annual rise of 6985.71 %. Operating profit, while up 293.75 % compared to last year, faced a quarter-on-quarter dip of -7.35 %, 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 -58.92 %, but an expansion of 5.71 % sequentially. Other income rose by 90.88 % compared to the last quarter, despite an annual growth of 591 %. Depreciation costs climbed by 0 % quarter-on-quarter, Profit before tax grew annually by 427.78 % but saw an increase from the preceding quarter by 49.61 %.
Tax expenses as a percentage of profits increased slightly by 23.63 % compared to last year, with a more notable quarter-on-quarter decrease of -0.02 %. Net profit rose by 311.76 % year-on-year but experienced a 50.54 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 192.45 % but a quarterly rise of 49.04 %. In summary, Jhaveri Credits & Capital 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. 0.228 Cr | Rs. 12.249 Cr | Rs. 5.594 Cr | -54.33 % | + 2353.51 % |
| Expenses | Rs. 0.07 Cr | Rs. 11.57 Cr | Rs. 4.96 Cr | -57.13 % | + 6985.71 % |
| Operating Profit | Rs. 0.16 Cr | Rs. 0.68 Cr | Rs. 0.63 Cr | -7.35 % | + 293.75 % |
| Net Profit | Rs. 0.34 Cr | Rs. 0.93 Cr | Rs. 1.4 Cr | + 50.54 % | + 311.76 % |
| EPS in Rs | Rs. 0.53 | Rs. 1.04 | Rs. 1.55 | + 49.04 % | + 192.45 % |
In reviewing Jhaveri Credits & Capital Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2353.51 % year-on-year growth, although there was a slight dip of -54.33 % from the previous quarter. Expenses rose by 6985.71 % compared to the previous year, with a decrease of -57.13 % quarter-on-quarter. Operating Profit surged by 293.75 % annually, and saw a -7.35 % decrease from the last quarter.
Net Profit showed yearly increase of 311.76 %, and experienced a 50.54 % increase from the previous quarter. Earnings Per Share (EPS) rose by 192.45 % annually, however rose by 49.04 % compared to the last quarter. In essence, while Jhaveri Credits & Capital Ltd. 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.
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