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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’s sales declined by -0.38 % over the year, substantial increase in net sales/revenue by 1.44 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -62.48 %, Marginal decrease of -71.15% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for JK TYRE & INDUSTRIES LTD.. Profit dropped by -76.84 % Year to Year, JK TYRE & INDUSTRIES LTD.’s profitability dropped by -62.36 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -77.80 % Year to Year. EPS decreased by -61.87 % 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. 3687.72 Cr | Rs. 3621.56 Cr | Rs. 3673.68 Cr | + 1.44 % | -0.38 % |
| Expenses | Rs. 3137.54 Cr | Rs. 3204.8 Cr | Rs. 3364.23 Cr | + 4.97 % | + 7.23 % |
| Operating Profit | Rs. 550.18 Cr | Rs. 416.76 Cr | Rs. 309.45 Cr | -25.75 % | -43.75 % |
| OPM % | 14.92 % | 11.51 % | 8.42 % | -3.09 % | -6.5 % |
| Other Income | Rs. 8.29 Cr | Rs. 10.78 Cr | Rs. 3.11 Cr | -71.15 % | -62.48 % |
| Interest | Rs. 106.86 Cr | Rs. 120.07 Cr | Rs. 123.12 Cr | + 2.54 % | + 15.22 % |
| Depreciation | Rs. 110.9 Cr | Rs. 113.18 Cr | Rs. 113.82 Cr | + 0.57 % | + 2.63 % |
| Profit before tax | Rs. 340.71 Cr | Rs. 194.29 Cr | Rs. 75.62 Cr | -61.08 % | -77.81 % |
| Tax % | 33.36 % | 27.44 % | 28.64 % | + 1.2 % | -4.72 % |
| Net Profit | Rs. 227.07 Cr | Rs. 139.75 Cr | Rs. 52.6 Cr | -62.36 % | -76.84 % |
| EPS in Rs | Rs. 8.44 | Rs. 4.92 | Rs. 1.88 | -61.79 % | -77.73 % |
Today, we’re looking at JK TYRE & INDUSTRIES LTD.’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -0.38 %. However, it did see a marginal increase of 1.44 % from the previous quarter. Expenses ticked up slightly by 4.97 % quarter-on-quarter, aligning with the annual rise of 7.23 %. Operating profit, while down -43.75 % compared to last year, faced a quarter-on-quarter dip of -25.75 %, 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 -6.5 %, but a shrinkage of -3.09 % sequentially. Other income fell by -71.15 % compared to the last quarter, despite an annual decline of -62.48 %. Interest expenses surged remarkably by 2.54 % from the previous quarter, yet the year-over-year increase remains at a moderate 15.22 %. Depreciation costs climbed by 0.57 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.63 %. Profit before tax declined annually by -77.81 % but saw a reduction from the preceding quarter by -61.08 %.
Tax expenses as a percentage of profits decreased slightly by -4.72 % compared to last year, with a more notable quarter-on-quarter increase of 1.2 %. Net profit fell by -76.84 % year-on-year but witnessed a -62.36 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -77.73 % but a quarterly fall of -61.79 %. In summary, JK TYRE & INDUSTRIES 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. 3687.72 Cr | Rs. 3621.56 Cr | Rs. 3673.68 Cr | + 1.44 % | -0.38 % |
| Expenses | Rs. 3137.54 Cr | Rs. 3204.8 Cr | Rs. 3364.23 Cr | + 4.97 % | + 7.23 % |
| Operating Profit | Rs. 550.18 Cr | Rs. 416.76 Cr | Rs. 309.45 Cr | -25.75 % | -43.75 % |
| Net Profit | Rs. 227.07 Cr | Rs. 139.75 Cr | Rs. 52.6 Cr | -62.36 % | -76.84 % |
| EPS in Rs | Rs. 8.44 | Rs. 4.92 | Rs. 1.88 | -61.79 % | -77.73 % |
In reviewing JK TYRE & INDUSTRIES LTD.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.38 % year-on-year, however, there was a minor increase of 1.44 % from the previous quarter. Expenses rose by 7.23 % compared to the previous year, with a 4.97 % increase quarter-on-quarter. Operating Profit dropped by -43.75 % annually, and saw a -25.75 % decrease from the last quarter.
Net Profit showed yearly decrease of -76.84 %, and experienced a -62.36 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -77.73 % annually, however dipped by -61.79 % compared to the last quarter. In essence, while JK TYRE & INDUSTRIES 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.
