Jay Bharat Maruti Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Jay Bharat Maruti Ltd reported a 6.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 7.9%.
- Its expenses for the quarter were up by 6.3% QoQ and 8.8% YoY.
- The net profit increased 28.5% QoQ and decreased 41.7% YoY.
- The earnings per share (EPS) of Jay Bharat Maruti Ltd stood at 0.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 591.82 | 555.98 | 548.43 | 6.4% | 7.9% |
Total Expenses | 586.03 | 551.47 | 538.40 | 6.3% | 8.8% |
Profit Before Tax | 5.79 | 4.51 | 10.02 | 28.4% | -42.2% |
Tax | 2.00 | 1.54 | 3.61 | 29.9% | -44.6% |
Profit After Tax | 3.92 | 3.05 | 6.72 | 28.5% | -41.7% |
Earnings Per Share | 0.40 | 0.30 | 0.60 | 33.3% | -33.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Jay Bharat Maruti Ltd operates as a key player in the automotive components industry, primarily serving as a supplier of sheet metal components, assemblies, and modules to the automotive sector. With its roots established in collaboration with Maruti Suzuki, the company has capitalized on the growth of the automotive industry in India. Over the years, Jay Bharat Maruti has expanded its product offerings to include complex assemblies and includes a variety of manufacturing processes such as welding, pressing, and painting. While recent specific developments are not provided, the company continues to focus on technology-driven manufacturing to meet industry demands.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Jay Bharat Maruti Ltd reported a total income of ₹591.82 crores. This reflects a quarter-over-quarter (QoQ) increase of 6.4% compared to ₹555.98 crores in Q2FY25, and a year-over-year (YoY) increase of 7.9% from ₹548.43 crores in Q3FY24. The consistent growth in total income over these periods suggests an upward trend in revenue generation, contributing positively to the company's financial health.
Profitability
During Q3FY25, the company's profit before tax stood at ₹5.79 crores, which is a significant 28.4% increase QoQ from ₹4.51 crores in Q2FY25. However, this figure marks a YoY decline of 42.2% from ₹10.02 crores in Q3FY24. The profit after tax in Q3FY25 was ₹3.92 crores, registering a QoQ growth of 28.5% from ₹3.05 crores in Q2FY25, yet a YoY decrease of 41.7% from ₹6.72 crores in Q3FY24. Earnings per share (EPS) rose to ₹0.40 in Q3FY25, reflecting a QoQ increase of 33.3% from ₹0.30 in Q2FY25, but a YoY decline of 33.3% from ₹0.60 in Q3FY24. The tax expenses also increased by 29.9% QoQ to ₹2.00 crores from ₹1.54 crores in the previous quarter, while decreasing YoY by 44.6% from ₹3.61 crores.
Operating Metrics
The total expenses for Jay Bharat Maruti Ltd in Q3FY25 were ₹586.03 crores, showing a QoQ increase of 6.3% from ₹551.47 crores in Q2FY25 and a YoY rise of 8.8% from ₹538.40 crores in Q3FY24. These figures highlight an increase in operational costs parallel to the rise in income. However, the rise in expenses has been somewhat in proportion with the revenue growth, maintaining operational balance. While specific financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio are not provided in the data, the available metrics focus primarily on income and expenses, shedding light on the company's operational scale and cost management strategies.
