Jet Freight Logistics Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Jet Freight Logistics Ltd reported a 8.6% 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 0.6%.
- Its expenses for the quarter were up by 7.0% QoQ and down 1.0% YoY.
- The net profit increased 196.6% QoQ and decreased 58.1% YoY.
- The earnings per share (EPS) of Jet Freight Logistics Ltd stood at 0.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 95.28 | 87.75 | 94.73 | 8.6% | 0.6% |
Total Expenses | 92.61 | 86.59 | 93.59 | 7.0% | -1.0% |
Profit Before Tax | 2.67 | 1.15 | 3.78 | 132.2% | -29.4% |
Tax | 0.91 | 0.56 | -0.40 | 62.5% | -327.5% |
Profit After Tax | 1.75 | 0.59 | 4.18 | 196.6% | -58.1% |
Earnings Per Share | 0.40 | 0.10 | 0.90 | 300.0% | -55.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Jet Freight Logistics Ltd is a company operating in the logistics and transportation industry. It primarily deals with freight forwarding services, which include air freight, sea freight, and customs clearance. The company offers comprehensive logistics solutions to clients, facilitating the movement of goods across various regions. As of the latest available data, there are no specific major developments or announcements reported for Jet Freight Logistics Ltd. The company continues to focus on optimizing its logistics network and enhancing service delivery to cater to its client's needs effectively.
Revenue
In the third quarter of the fiscal year 2025, Jet Freight Logistics Ltd reported a total income of ₹95.28 crores, which represents an 8.6% increase compared to the previous quarter (Q2FY25) when the total income was ₹87.75 crores. However, when compared year-over-year with the same quarter of the previous year (Q3FY24), where the total income was ₹94.73 crores, there was a marginal increase of 0.6%. This indicates a stable revenue performance over the past year, with a noticeable improvement in the recent quarter.
Profitability
For Q3FY25, Jet Freight Logistics Ltd recorded a profit before tax of ₹2.67 crores, reflecting a significant quarter-over-quarter increase of 132.2% compared to ₹1.15 crores in Q2FY25. However, there was a decline of 29.4% on a year-over-year basis when compared to ₹3.78 crores in Q3FY24. The profit after tax for Q3FY25 was ₹1.75 crores, showing a remarkable 196.6% increase from ₹0.59 crores in the previous quarter. On a year-over-year comparison, there was a decrease of 58.1% from ₹4.18 crores in Q3FY24. Earnings per share for Q3FY25 stood at ₹0.40, representing a 300.0% increase from the previous quarter's ₹0.10 and a 55.6% decline from ₹0.90 in Q3FY24.
Operating Metrics
The total expenses for Jet Freight Logistics Ltd in Q3FY25 were ₹92.61 crores, marking a 7.0% increase quarter-over-quarter from Q2FY25, where expenses were ₹86.59 crores. On a year-over-year basis, there was a decrease of 1.0% from the total expenses of ₹93.59 crores in Q3FY24. The tax expense for Q3FY25 was ₹0.91 crores, showing a 62.5% increase from ₹0.56 crores in Q2FY25, while the year-over-year change was significant at -327.5% when compared to a tax benefit of ₹0.40 crores in Q3FY24. The financial metrics indicate a higher operational cost in the recent quarter, yet improved profitability margins compared to the previous quarter.
