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JMD Ventures ‘s Q2 Results: Profit Drops by 78.81% YoY

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company’s sales declined by -195.62 % over the year, decrease in net sales/revenue by -89.34 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -57.87 %, Marginal increase in other income during this quarter, up by 15.16%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for JMD Ventures Limited. Profit dropped by -79.01 % Year to Year, JMD Ventures Limited’s profitability dropped by -56.89 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -78.05 % Year to Year. EPS decreased by -55 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of JMD Ventures Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. -0.137 Cr Rs. 1.229 Cr Rs. 0.131 Cr -89.34 % + 195.62 %
Expenses Rs. 0.96 Cr Rs. 0.72 Cr Rs. 0.04 Cr -94.44 % -95.83 %
Operating Profit Rs. -1.1 Cr Rs. 0.51 Cr Rs. 0.09 Cr -82.35 % + 108.18 %
OPM % 802.92 % 41.5 % 68.7 % + 27.2 % -734.22 %
Other Income Rs. 0.667 Cr Rs. 0.244 Cr Rs. 0.281 Cr + 15.16 % -57.87 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0.01 Cr Rs. 0.01 Cr Rs. 0.01 Cr + 0 % + 0 %
Profit before tax Rs. -0.44 Cr Rs. 0.74 Cr Rs. 0.36 Cr -51.35 % + 181.82 %
Tax % 21.27 % 22.88 % 31.3 % + 8.42 % + 10.03 %
Net Profit Rs. 1.18 Cr Rs. 0.57 Cr Rs. 0.25 Cr -56.14 % -78.81 %
EPS in Rs Rs. 0.41 Rs. 0.2 Rs. 0.09 -55 % -78.05 %


Today, we’re looking at JMD Ventures 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 195.62 %. However, it did see a marginal slip of -89.34 % from the previous quarter. Expenses decreased slightly by -94.44 % quarter-on-quarter, aligning with the annual decline of -95.83 %. Operating profit, while up 108.18 % compared to last year, faced a quarter-on-quarter dip of -82.35 %, 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 -734.22 %, but an expansion of 27.2 % sequentially. Other income rose by 15.16 % compared to the last quarter, despite an annual decline of -57.87 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 181.82 % but saw a reduction from the preceding quarter by -51.35 %.
Tax expenses as a percentage of profits increased slightly by 10.03 % compared to last year, with a more notable quarter-on-quarter increase of 8.42 %. Net profit fell by -78.81 % year-on-year but witnessed a -56.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -78.05 % but a quarterly fall of -55 %. In summary, JMD Ventures 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. -0.137 Cr Rs. 1.229 Cr Rs. 0.131 Cr -89.34 % + 195.62 %
Expenses Rs. 0.96 Cr Rs. 0.72 Cr Rs. 0.04 Cr -94.44 % -95.83 %
Operating Profit Rs. -1.1 Cr Rs. 0.51 Cr Rs. 0.09 Cr -82.35 % + 108.18 %
Net Profit Rs. 1.18 Cr Rs. 0.57 Cr Rs. 0.25 Cr -56.14 % -78.81 %
EPS in Rs Rs. 0.41 Rs. 0.2 Rs. 0.09 -55 % -78.05 %


In reviewing JMD Ventures Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 195.62 % year-on-year growth, although there was a slight dip of -89.34 % from the previous quarter. Expenses decreased by -95.83 % compared to the previous year, with a decrease of -94.44 % quarter-on-quarter. Operating Profit surged by 108.18 % annually, and saw a -82.35 % decrease from the last quarter.
Net Profit showed yearly decrease of -78.81 %, and experienced a -56.14 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -78.05 % annually, however dipped by -55 % compared to the last quarter. In essence, while JMD Ventures 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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