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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 21.41 % in the past year, substantial increase in net sales/revenue by 0.89 %.
- 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 28.52 %. Marginal decrease of -23.34% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Jindal Drilling And Industries Limited. Notable increase of 55.83 % in net profit Year to Year, Jindal Drilling And Industries Limited’s profitability dropped by -21.41 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 55.96 % Year to Year. EPS decreased by -21.4 % 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. 142.08 Cr | Rs. 170.98 Cr | Rs. 172.5 Cr | + 0.89 % | + 21.41 % |
| Expenses | Rs. 97.66 Cr | Rs. 132.44 Cr | Rs. 141.26 Cr | + 6.66 % | + 44.64 % |
| Operating Profit | Rs. 44.42 Cr | Rs. 38.54 Cr | Rs. 31.24 Cr | -18.94 % | -29.67 % |
| OPM % | 31.26 % | 22.54 % | 18.11 % | -4.43 % | -13.15 % |
| Other Income | Rs. 7.82 Cr | Rs. 13.11 Cr | Rs. 10.05 Cr | -23.34 % | + 28.52 % |
| Interest | Rs. 3.98 Cr | Rs. 5.06 Cr | Rs. 4.07 Cr | -19.57 % | + 2.26 % |
| Depreciation | Rs. 15.9 Cr | Rs. 16.02 Cr | Rs. 16.02 Cr | + 0 % | + 0.75 % |
| Profit before tax | Rs. 32.36 Cr | Rs. 30.57 Cr | Rs. 21.2 Cr | -30.65 % | -34.49 % |
| Tax % | 24.92 % | 24.89 % | 25.28 % | + 0.39 % | + 0.36 % |
| Net Profit | Rs. 22.12 Cr | Rs. 43.86 Cr | Rs. 34.47 Cr | -21.41 % | + 55.83 % |
| EPS in Rs | Rs. 7.63 | Rs. 15.14 | Rs. 11.9 | -21.4 % | + 55.96 % |
Today, we’re looking at Jindal Drilling And Industries Limited’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 21.41 %. However, it did see a marginal increase of 0.89 % from the previous quarter. Expenses ticked up slightly by 6.66 % quarter-on-quarter, aligning with the annual rise of 44.64 %. Operating profit, while down -29.67 % compared to last year, faced a quarter-on-quarter dip of -18.94 %, 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 -13.15 %, but a shrinkage of -4.43 % sequentially. Other income fell by -23.34 % compared to the last quarter, despite an annual growth of 28.52 %. Interest expenses dropped significantly by -19.57 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.26 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.75 %. Profit before tax declined annually by -34.49 % but saw a reduction from the preceding quarter by -30.65 %.
Tax expenses as a percentage of profits increased slightly by 0.36 % compared to last year, with a more notable quarter-on-quarter increase of 0.39 %. Net profit rose by 55.83 % year-on-year but witnessed a -21.41 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 55.96 % but a quarterly fall of -21.4 %. In summary, Jindal Drilling And 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. 142.08 Cr | Rs. 170.98 Cr | Rs. 172.5 Cr | + 0.89 % | + 21.41 % |
| Expenses | Rs. 97.66 Cr | Rs. 132.44 Cr | Rs. 141.26 Cr | + 6.66 % | + 44.64 % |
| Operating Profit | Rs. 44.42 Cr | Rs. 38.54 Cr | Rs. 31.24 Cr | -18.94 % | -29.67 % |
| Net Profit | Rs. 22.12 Cr | Rs. 43.86 Cr | Rs. 34.47 Cr | -21.41 % | + 55.83 % |
| EPS in Rs | Rs. 7.63 | Rs. 15.14 | Rs. 11.9 | -21.4 % | + 55.96 % |
In reviewing Jindal Drilling And Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.41 % year-on-year growth, however, there was a minor increase of 0.89 % from the previous quarter. Expenses rose by 44.64 % compared to the previous year, with a 6.66 % increase quarter-on-quarter. Operating Profit dropped by -29.67 % annually, and saw a -18.94 % decrease from the last quarter.
Net Profit showed yearly increase of 55.83 %, and experienced a -21.41 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 55.96 % annually, however dipped by -21.4 % compared to the last quarter. In essence, while Jindal Drilling And Industries Limited 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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