Share the post "Jindal Hotels announced Financial Results Q1 2024-25"
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 3.36 % in the past year, decrease in net sales/revenue by -27.15 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -89.66 %, Marginal decrease of -69.32% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Jindal Hotels Ltd.,. Notable increase of 7.51 % in net profit Year to Year, Jindal Hotels Ltd.,’s profitability dropped by -109.62 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 10.00 % Year to Year. EPS decreased by -109.71 % 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. 9.005 Cr | Rs. 12.777 Cr | Rs. 9.308 Cr | -27.15 % | + 3.36 % |
Expenses | Rs. 6.96 Cr | Rs. 8.58 Cr | Rs. 7.26 Cr | -15.38 % | + 4.31 % |
Operating Profit | Rs. 2.05 Cr | Rs. 4.2 Cr | Rs. 2.05 Cr | -51.19 % | + 0 % |
OPM % | 22.77 % | 32.87 % | 22.02 % | -10.85 % | -0.75 % |
Other Income | Rs. 0.261 Cr | Rs. 0.088 Cr | Rs. 0.027 Cr | -69.32 % | -89.66 % |
Interest | Rs. 1.38 Cr | Rs. 1.27 Cr | Rs. 1.21 Cr | -4.72 % | -12.32 % |
Depreciation | Rs. 1.18 Cr | Rs. 1.25 Cr | Rs. 1.19 Cr | -4.8 % | + 0.85 % |
Profit before tax | Rs. -0.25 Cr | Rs. 1.77 Cr | Rs. -0.32 Cr | -118.08 % | -28 % |
Tax % | -16.8 % | 34.54 % | -27.76 % | -62.3 % | -10.96 % |
Net Profit | Rs. -0.21 Cr | Rs. 2.38 Cr | Rs. -0.23 Cr | -109.66 % | -9.52 % |
EPS in Rs | Rs. -0.3 | Rs. 3.4 | Rs. -0.33 | -109.71 % | -10 % |
Today, we’re looking at Jindal Hotels Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3.36 %. However, it did see a marginal slip of -27.15 % from the previous quarter. Expenses decreased slightly by -15.38 % quarter-on-quarter, aligning with the annual rise of 4.31 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter dip of -51.19 %, 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 -0.75 %, but a shrinkage of -10.85 % sequentially. Other income fell by -69.32 % compared to the last quarter, despite an annual decline of -89.66 %. Interest expenses dropped significantly by -4.72 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.32 %. Depreciation costs fell by -4.8 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.85 %. Profit before tax declined annually by -28 % but saw a reduction from the preceding quarter by -118.08 %.
Tax expenses as a percentage of profits decreased slightly by -10.96 % compared to last year, with a more notable quarter-on-quarter decrease of -62.3 %. Net profit fell by -9.52 % year-on-year but witnessed a -109.66 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -10 % but a quarterly fall of -109.71 %. In summary, Jindal Hotels 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. 9.005 Cr | Rs. 12.777 Cr | Rs. 9.308 Cr | -27.15 % | + 3.36 % |
Expenses | Rs. 6.96 Cr | Rs. 8.58 Cr | Rs. 7.26 Cr | -15.38 % | + 4.31 % |
Operating Profit | Rs. 2.05 Cr | Rs. 4.2 Cr | Rs. 2.05 Cr | -51.19 % | + 0 % |
Net Profit | Rs. -0.21 Cr | Rs. 2.38 Cr | Rs. -0.23 Cr | -109.66 % | -9.52 % |
EPS in Rs | Rs. -0.3 | Rs. 3.4 | Rs. -0.33 | -109.71 % | -10 % |
In reviewing Jindal Hotels Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.36 % year-on-year growth, although there was a slight dip of -27.15 % from the previous quarter. Expenses rose by 4.31 % compared to the previous year, with a decrease of -15.38 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a -51.19 % decrease from the last quarter.
Net Profit showed yearly decrease of -9.52 %, and experienced a -109.66 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -10 % annually, however dipped by -109.71 % compared to the last quarter. In essence, while Jindal Hotels 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.