Share the post "JSL Industries 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 11.12 % in the past year, substantial increase in net sales/revenue by 9.74 %.
- 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 72.93 %. Marginal increase in other income during this quarter, up by 287.01%.
- Profit over the Year and quarter: Significant improvement in profitability for JSL Industries Ltd.,. Notable increase of 107.27 % in net profit Year to Year, JSL Industries Ltd.,’s profitability increased by 145.45 % in this quarter.
- EPS over the Year and quarter: EPS increased by 107.21 % Year to Year. EPS increased by 145.38 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 12.496 Cr | Rs. 12.653 Cr | Rs. 13.885 Cr | + 9.74 % | + 11.12 % |
Expenses | Rs. 11.91 Cr | Rs. 11.52 Cr | Rs. 13.36 Cr | + 15.97 % | + 12.17 % |
Operating Profit | Rs. 0.59 Cr | Rs. 1.13 Cr | Rs. 0.53 Cr | -53.1 % | -10.17 % |
OPM % | 4.72 % | 8.93 % | 3.82 % | -5.11 % | -0.9 % |
Other Income | Rs. 2.567 Cr | Rs. 1.147 Cr | Rs. 4.439 Cr | + 287.01 % | + 72.93 % |
Interest | Rs. 0.08 Cr | Rs. 0.09 Cr | Rs. 0.07 Cr | -22.22 % | -12.5 % |
Depreciation | Rs. 0.26 Cr | Rs. 0.3 Cr | Rs. 0.31 Cr | + 3.33 % | + 19.23 % |
Profit before tax | Rs. 2.82 Cr | Rs. 1.89 Cr | Rs. 4.59 Cr | + 142.86 % | + 62.77 % |
Tax % | 30.49 % | 12.61 % | 11.57 % | -1.04 % | -18.92 % |
Net Profit | Rs. 1.95 Cr | Rs. 1.65 Cr | Rs. 4.05 Cr | + 145.45 % | + 107.69 % |
EPS in Rs | Rs. 16.65 | Rs. 14.06 | Rs. 34.5 | + 145.38 % | + 107.21 % |
Today, we’re looking at JSL Industries 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 11.12 %. However, it did see a marginal increase of 9.74 % from the previous quarter. Expenses ticked up slightly by 15.97 % quarter-on-quarter, aligning with the annual rise of 12.17 %. Operating profit, while down -10.17 % compared to last year, faced a quarter-on-quarter dip of -53.1 %, 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 -0.9 %, but a shrinkage of -5.11 % sequentially. Other income rose by 287.01 % compared to the last quarter, despite an annual growth of 72.93 %. Interest expenses dropped significantly by -22.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.5 %. Depreciation costs climbed by 3.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.23 %. Profit before tax grew annually by 62.77 % but saw an increase from the preceding quarter by 142.86 %.
Tax expenses as a percentage of profits decreased slightly by -18.92 % compared to last year, with a more notable quarter-on-quarter decrease of -1.04 %. Net profit rose by 107.69 % year-on-year but experienced a 145.45 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 107.21 % but a quarterly rise of 145.38 %. In summary, JSL 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. 12.496 Cr | Rs. 12.653 Cr | Rs. 13.885 Cr | + 9.74 % | + 11.12 % |
Expenses | Rs. 11.91 Cr | Rs. 11.52 Cr | Rs. 13.36 Cr | + 15.97 % | + 12.17 % |
Operating Profit | Rs. 0.59 Cr | Rs. 1.13 Cr | Rs. 0.53 Cr | -53.1 % | -10.17 % |
Net Profit | Rs. 1.95 Cr | Rs. 1.65 Cr | Rs. 4.05 Cr | + 145.45 % | + 107.69 % |
EPS in Rs | Rs. 16.65 | Rs. 14.06 | Rs. 34.5 | + 145.38 % | + 107.21 % |
In reviewing JSL Industries Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.12 % year-on-year growth, however, there was a minor increase of 9.74 % from the previous quarter. Expenses rose by 12.17 % compared to the previous year, with a 15.97 % increase quarter-on-quarter. Operating Profit dropped by -10.17 % annually, and saw a -53.1 % decrease from the last quarter.
Net Profit showed yearly increase of 107.69 %, and experienced a 145.45 % increase from the previous quarter. Earnings Per Share (EPS) rose by 107.21 % annually, however rose by 145.38 % compared to the last quarter. In essence, while JSL Industries Ltd., exhibits strong annual growth 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.
[my_shortcode1 values=”JSL Industries “]