JTL Industries Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- JTL Industries Ltd reported a 6.9% 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 decline of 20.2%.
- Its expenses for the quarter were down by 7.2% QoQ and 20.5% YoY.
- The net profit decreased 5.4% QoQ and decreased 17.4% YoY.
- The earnings per share (EPS) of JTL Industries Ltd stood at 0.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 453.51 | 487.38 | 568.33 | -6.9% | -20.2% |
Total Expenses | 419.82 | 452.56 | 528.00 | -7.2% | -20.5% |
Profit Before Tax | 33.68 | 34.82 | 40.33 | -3.3% | -16.5% |
Tax | 8.74 | 8.47 | 10.15 | 3.2% | -13.9% |
Profit After Tax | 24.94 | 26.36 | 30.18 | -5.4% | -17.4% |
Earnings Per Share | 0.60 | 1.00 | 1.60 | -40.0% | -62.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
JTL Industries Ltd is a company that operates in the industrial sector, primarily focusing on manufacturing and distributing a range of products and services. The company is known for its production of steel pipes and tubes, which are used in various industries such as infrastructure, construction, and energy. With a strong presence in the domestic market, JTL Industries Ltd has been involved in expanding its product portfolio and enhancing its production capabilities. Recent developments in the company could include investments in technology or facilities to boost efficiency, although specific recent events are not detailed in the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), JTL Industries Ltd reported a total income of ₹453.51 crores. This marks a decrease from the ₹487.38 crores recorded in the previous quarter (Q2FY25), reflecting a quarter-over-quarter (QoQ) decline of 6.9%. When compared to the same quarter in the previous fiscal year (Q3FY24), where the total income was ₹568.33 crores, JTL Industries experienced a year-over-year (YoY) decline of 20.2%. This decline in revenue could be indicative of various factors impacting the company during this period.
Profitability
JTL Industries Ltd's profitability metrics for Q3FY25 show a profit before tax of ₹33.68 crores, which is slightly lower than the ₹34.82 crores reported in Q2FY25, representing a QoQ decline of 3.3%. Compared to Q3FY24, where the profit before tax was ₹40.33 crores, there is a YoY decrease of 16.5%. The tax expense for Q3FY25 was ₹8.74 crores, resulting in a profit after tax of ₹24.94 crores, down from ₹26.36 crores in the previous quarter and ₹30.18 crores in Q3FY24. This corresponds to a QoQ decline of 5.4% and a YoY decrease of 17.4%. Earnings per share for the quarter were ₹0.60, a significant decrease from the ₹1.00 in Q2FY25 and ₹1.60 in Q3FY24, showing a QoQ decline of 40.0% and YoY decline of 62.5%.
Operating Metrics
The total expenses for JTL Industries Ltd in Q3FY25 amounted to ₹419.82 crores, which is a decline from ₹452.56 crores in Q2FY25, representing a QoQ decrease of 7.2%. Compared to Q3FY24, where the total expenses were ₹528.00 crores, there is a YoY reduction of 20.5%. These figures suggest a consistent management of operational costs in line with the overall financial performance for the quarter. Despite the decrease in total income, the company maintained a relatively controlled expense structure, although specific reasons for these changes are not detailed within the provided data.
