Jai Corp Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Jai Corp Ltd reported a 7.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 16.1%.
- Its expenses for the quarter were down by 4.3% QoQ and up 18.8% YoY.
- The net profit decreased 27.8% QoQ and increased 3.5% YoY.
- The earnings per share (EPS) of Jai Corp Ltd stood at 0.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 132.74 | 143.72 | 114.32 | -7.6% | 16.1% |
Total Expenses | 116.56 | 121.80 | 98.14 | -4.3% | 18.8% |
Profit Before Tax | 16.18 | 21.92 | 16.18 | -26.2% | 0.0% |
Tax | 3.73 | 4.68 | 4.20 | -20.3% | -11.2% |
Profit After Tax | 12.36 | 17.11 | 11.94 | -27.8% | 3.5% |
Earnings Per Share | 0.70 | 1.00 | 0.70 | -30.0% | 0.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Jai Corp Ltd is a diversified company based in India. It operates primarily in sectors such as textiles, steel, real estate, and infrastructure, with a focus on manufacturing and urban infrastructure development. The company is known for its production of polymer products, steel, and fabric, as well as its involvement in building and managing special economic zones and urban infrastructure projects. As of the latest available data, there have been no specific major developments disclosed in the areas of new product lines or business expansions. Detailed information regarding any recent significant corporate events remains unavailable based on the provided data.
Revenue
For the quarter ending Q3FY25, Jai Corp Ltd reported a total income of ₹132.74 crores. This represents a decrease of 7.6% compared to the previous quarter (Q2FY25), where the total income was ₹143.72 crores. However, on a year-over-year basis, there was a 16.1% increase from Q3FY24, where the total income was ₹114.32 crores. This indicates that while there is a decline in revenue on a quarterly basis, the company has experienced growth over the past year.
Profitability
Jai Corp Ltd recorded a Profit Before Tax (PBT) of ₹16.18 crores in Q3FY25, which is consistent with the profit recorded in Q3FY24. However, this represents a significant decrease of 26.2% compared to Q2FY25, where the PBT was ₹21.92 crores. The Profit After Tax (PAT) for Q3FY25 stood at ₹12.36 crores, a reduction of 27.8% from Q2FY25 and a slight increase of 3.5% from Q3FY24. Earnings Per Share (EPS) remained unchanged year-over-year at ₹0.70, but decreased by 30.0% compared to the previous quarter.
Operating Metrics
The company's total expenses in Q3FY25 were ₹116.56 crores, marking a decrease of 4.3% from Q2FY25, where expenses were ₹121.80 crores. Year-over-year, expenses increased by 18.8% from Q3FY24, which recorded expenses of ₹98.14 crores. The tax expense for Q3FY25 was ₹3.73 crores, showing a decline of 20.3% compared to Q2FY25's tax expense of ₹4.68 crores, and an 11.2% reduction from the same quarter last year. These figures reflect changes in operational costs and tax liabilities over the assessed periods.
