Jay Shree Tea & Industries Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Jay Shree Tea & Industries Ltd reported a 13.7% 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 10.5%.
- Its expenses for the quarter were down by 8.6% QoQ and up 3.1% YoY.
- The net profit increased 141.7% QoQ and increased 38631.6% YoY.
- The earnings per share (EPS) of Jay Shree Tea & Industries Ltd stood at 25.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 261.03 | 302.31 | 236.17 | -13.7% | 10.5% |
Total Expenses | 242.93 | 265.81 | 235.57 | -8.6% | 3.1% |
Profit Before Tax | 18.10 | 36.50 | 0.60 | -50.4% | 2916.7% |
Tax | 0.00 | 0.00 | 0.41 | - | -100.0% |
Profit After Tax | 73.59 | 30.45 | 0.19 | 141.7% | 38631.6% |
Earnings Per Share | 25.50 | 10.50 | 0.10 | 142.9% | 25400.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Jay Shree Tea & Industries Ltd is a prominent player in the tea industry, known for its expansive portfolio in tea production and marketing. The company is part of the larger B.K. Birla Group and has established a distinguished presence in both the domestic and international markets. Jay Shree Tea's operations extend beyond tea, with interests in sugar, chemicals and fertilizers, and real estate. As of the most recent updates, the company continues to focus on enhancing its production capacities and expanding its geographical footprint to capture a larger market share. However, specific recent developments or strategic changes are not available in the provided data.
Revenue
In Q3FY25, Jay Shree Tea & Industries Ltd reported a total income of ₹261.03 crores, which represents a 13.7% decrease from the previous quarter (Q2FY25), where total income stood at ₹302.31 crores. Comparatively, when analyzing the year-over-year performance, total income increased by 10.5% from ₹236.17 crores in Q3FY24. This year-over-year growth indicates a positive momentum in the company's revenue streams over the past year despite the quarterly decline. The variations in revenue reflect the company's operational dynamics and market conditions over the assessed periods.
Profitability
For Q3FY25, the company reported a profit before tax of ₹18.10 crores, showing a significant decline of 50.4% from the profit before tax of ₹36.50 crores in Q2FY25. Despite this quarterly decrease, the year-over-year growth is noteworthy, with a substantial increase from ₹0.60 crores in Q3FY24, marking a 2916.7% rise. The profit after tax for the same period was ₹73.59 crores, exhibiting a remarkable growth of 141.7% quarter-over-quarter from ₹30.45 crores and a massive increase of 38631.6% year-over-year from ₹0.19 crores. Earnings per share also reflected this upward trend, rising to ₹25.50 from ₹10.50 in the previous quarter and from ₹0.10 a year ago.
Operating Metrics
The total expenses for Q3FY25 amounted to ₹242.93 crores, representing an 8.6% decrease from Q2FY25's expenses of ₹265.81 crores. Year-over-year, expenses have increased by 3.1% from ₹235.57 crores in Q3FY24. The reduction in quarterly expenses, juxtaposed with the income and profitability figures, provides a perspective on the company's cost management efficiencies during this period. Notably, the tax expense was recorded at zero for both Q3FY25 and Q2FY25, whereas it was ₹0.41 crores in Q3FY24, resulting in a 100% year-over-year decrease. These operating metrics highlight the company's financial adjustments and fluctuations in operational spending over the analyzed quarters.
