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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 6.98 % in the past year, decrease in net sales/revenue by -2.58 %.
- 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 127.54 %. Marginal increase in other income during this quarter, up by 22.47%.
- Profit over the Year and quarter: Significant improvement in profitability for JYOTHY LABS LIMITED. Notable increase of 31.88 % in net profit Year to Year, JYOTHY LABS LIMITED’s profitability dropped by -14.05 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 32.30 % Year to Year. EPS decreased by -14.11 % 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. 616.95 Cr | Rs. 677.5 Cr | Rs. 659.99 Cr | -2.58 % | + 6.98 % |
Expenses | Rs. 525.69 Cr | Rs. 558.87 Cr | Rs. 551.61 Cr | -1.3 % | + 4.93 % |
Operating Profit | Rs. 91.26 Cr | Rs. 118.63 Cr | Rs. 108.38 Cr | -8.64 % | + 18.76 % |
OPM % | 14.79 % | 17.51 % | 16.42 % | -1.09 % | + 1.63 % |
Other Income | Rs. 5.7 Cr | Rs. 10.59 Cr | Rs. 12.97 Cr | + 22.47 % | + 127.54 % |
Interest | Rs. 3.12 Cr | Rs. 1.19 Cr | Rs. 1.26 Cr | + 5.88 % | -59.62 % |
Depreciation | Rs. 11.9 Cr | Rs. 12.83 Cr | Rs. 12.86 Cr | + 0.23 % | + 8.07 % |
Profit before tax | Rs. 81.94 Cr | Rs. 115.2 Cr | Rs. 107.23 Cr | -6.92 % | + 30.86 % |
Tax % | 27.68 % | 21.08 % | 27.12 % | + 6.04 % | -0.56 % |
Net Profit | Rs. 59.26 Cr | Rs. 90.92 Cr | Rs. 78.15 Cr | -14.05 % | + 31.88 % |
EPS in Rs | Rs. 1.61 | Rs. 2.48 | Rs. 2.13 | -14.11 % | + 32.3 % |
Today, we’re looking at JYOTHY LABS LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 6.98 %. However, it did see a marginal slip of -2.58 % from the previous quarter. Expenses decreased slightly by -1.3 % quarter-on-quarter, aligning with the annual rise of 4.93 %. Operating profit, while up 18.76 % compared to last year, faced a quarter-on-quarter dip of -8.64 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.63 %, but a shrinkage of -1.09 % sequentially. Other income rose by 22.47 % compared to the last quarter, despite an annual growth of 127.54 %. Interest expenses surged remarkably by 5.88 % from the previous quarter, yet the year-over-year decrease remains at a moderate -59.62 %. Depreciation costs climbed by 0.23 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.07 %. Profit before tax grew annually by 30.86 % but saw a reduction from the preceding quarter by -6.92 %.
Tax expenses as a percentage of profits decreased slightly by -0.56 % compared to last year, with a more notable quarter-on-quarter increase of 6.04 %. Net profit rose by 31.88 % year-on-year but witnessed a -14.05 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 32.3 % but a quarterly fall of -14.11 %. In summary, JYOTHY LABS 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. 616.95 Cr | Rs. 677.5 Cr | Rs. 659.99 Cr | -2.58 % | + 6.98 % |
Expenses | Rs. 525.69 Cr | Rs. 558.87 Cr | Rs. 551.61 Cr | -1.3 % | + 4.93 % |
Operating Profit | Rs. 91.26 Cr | Rs. 118.63 Cr | Rs. 108.38 Cr | -8.64 % | + 18.76 % |
Net Profit | Rs. 59.26 Cr | Rs. 90.92 Cr | Rs. 78.15 Cr | -14.05 % | + 31.88 % |
EPS in Rs | Rs. 1.61 | Rs. 2.48 | Rs. 2.13 | -14.11 % | + 32.3 % |
In reviewing JYOTHY LABS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.98 % year-on-year growth, although there was a slight dip of -2.58 % from the previous quarter. Expenses rose by 4.93 % compared to the previous year, with a decrease of -1.3 % quarter-on-quarter. Operating Profit surged by 18.76 % annually, and saw a -8.64 % decrease from the last quarter.
Net Profit showed yearly increase of 31.88 %, and experienced a -14.05 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 32.3 % annually, however dipped by -14.11 % compared to the last quarter. In essence, while JYOTHY LABS LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.