Share the post "JINDAL STAINLESS ‘s Q3 2024-25 Latest News: Profit Falls by 5.35% 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 experienced a substantial growth of 8.54 % in the past year, substantial increase in net sales/revenue by 1.33 %. 🔹 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 154.32 %. Marginal increase in other income during this quarter, up by 110.65%. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for JINDAL STAINLESS LTD.. Profit dropped by -5.35 % Year to Year, JINDAL STAINLESS LTD.’s profitability increased by 7.36 % in this quarter. 🔹 EPS over the Year and quarter: EPS declined by -5.47 % Year to Year. EPS increased by 7.14 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 9127.45 Cr | Rs. 9776.83 Cr | Rs. 9907.3 Cr | + 1.33 % | + 8.54 % |
Expenses | Rs. 7868.21 Cr | Rs. 8590.12 Cr | Rs. 8714.27 Cr | + 1.45 % | + 10.75 % |
Operating Profit | Rs. 1259.24 Cr | Rs. 1186.71 Cr | Rs. 1193.03 Cr | + 0.53 % | -5.26 % |
OPM % | 13.8 % | 12.14 % | 12.04 % | -0.1 % | -1.76 % |
Other Income | Rs. 38.97 Cr | Rs. 47.05 Cr | Rs. 99.11 Cr | + 110.65 % | + 154.32 % |
Interest | Rs. 145.85 Cr | Rs. 158.59 Cr | Rs. 160.51 Cr | + 1.21 % | + 10.05 % |
Depreciation | Rs. 235.53 Cr | Rs. 240.9 Cr | Rs. 241.63 Cr | + 0.3 % | + 2.59 % |
Profit before tax | Rs. 916.83 Cr | Rs. 834.27 Cr | Rs. 890 Cr | + 6.68 % | -2.93 % |
Tax % | 24.61 % | 26.95 % | 26.49 % | -0.46 % | + 1.88 % |
Net Profit | Rs. 691.22 Cr | Rs. 609.42 Cr | Rs. 654.27 Cr | + 7.36 % | -5.35 % |
EPS in Rs | Rs. 8.41 | Rs. 7.41 | Rs. 7.95 | + 7.29 % | -5.47 % |
Today, we’re looking at JINDAL STAINLESS LTD.’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 8.54 %. However, it did see a marginal increase of 1.33 % from the previous quarter. Expenses ticked up slightly by 1.45 % quarter-on-quarter, aligning with the annual rise of 10.75 %. Operating profit, while down -5.26 % compared to last year, faced a quarter-on-quarter increase of 0.53 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.76 %, but a shrinkage of -0.1 % sequentially. Other income rose by 110.65 % compared to the last quarter, despite an annual growth of 154.32 %. Interest expenses surged remarkably by 1.21 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.05 %. Depreciation costs climbed by 0.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.59 %. Profit before tax declined annually by -2.93 % but saw an increase from the preceding quarter by 6.68 %.
Tax expenses as a percentage of profits increased slightly by 1.88 % compared to last year, with a more notable quarter-on-quarter decrease of -0.46 %. Net profit fell by -5.35 % year-on-year but experienced a 7.36 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -5.47 % but a quarterly rise of 7.29 %. In summary, JINDAL STAINLESS 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. 9127.45 Cr | Rs. 9776.83 Cr | Rs. 9907.3 Cr | + 1.33 % | + 8.54 % |
Expenses | Rs. 7868.21 Cr | Rs. 8590.12 Cr | Rs. 8714.27 Cr | + 1.45 % | + 10.75 % |
Operating Profit | Rs. 1259.24 Cr | Rs. 1186.71 Cr | Rs. 1193.03 Cr | + 0.53 % | -5.26 % |
Net Profit | Rs. 691.22 Cr | Rs. 609.42 Cr | Rs. 654.27 Cr | + 7.36 % | -5.35 % |
EPS in Rs | Rs. 8.41 | Rs. 7.41 | Rs. 7.95 | + 7.29 % | -5.47 % |
In reviewing JINDAL STAINLESS LTD.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.54 % year-on-year growth, however, there was a minor increase of 1.33 % from the previous quarter. Expenses rose by 10.75 % compared to the previous year, with a 1.45 % increase quarter-on-quarter. Operating Profit dropped by -5.26 % annually, and saw a 0.53 % increase from the last quarter.
Net Profit showed yearly decrease of -5.35 %, and experienced a 7.36 % increase from the previous quarter. Earnings Per Share (EPS) fell by -5.47 % annually, however rose by 7.29 % compared to the last quarter. In essence, while JINDAL STAINLESS LTD. faces strong annual decline 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.