Jain Irrigation Systems Q1 Results Live : profit falls by 61.64% YOY
Jain Irrigation Systems Q1 Results Live : Revenue decreased by 13.12% YoY & profit decreased by 61.64% YoY
Jain Irrigation Systems Q1 Results Live : Jain Irrigation Systems announced their Q1 results on 31 Jul, 2024, revealing a decrease in revenue by 13.12% and a significant 61.64% decline in profit Year-over-Year (YoY).
Comparing to the previous quarter, the company saw a 14.4% drop in revenue but a notable 254.61% increase in profit.
The Selling, general & administrative expenses showed a slight increase of 1.65% quarter-over-quarter (QoQ) and a significant 11.63% increase Year-over-Year (YoY).
Operating income also took a hit, decreasing by 26.02% QoQ and 25.42% YoY.
The Earnings Per Share (EPS) for Q1 stood at ₹0.19, marking a substantial 65.45% decrease YoY.
In terms of returns, Jain Irrigation Systems delivered -1.28% in the last 1 week, 7.34% in the last 6 months, and 14.28% Year-to-Date (YTD).
Currently, the company has a market cap of ₹4994.57 Cr with a 52-week high/low of ₹84.19 & ₹43.1 respectively.
Jain Irrigation Systems Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1477.86 | 1726.57 | -14.4% | 1701.04 | -13.12% |
| Selling/ General/ Admin Expenses Total | 164.78 | 162.1 | +1.65% | 147.61 | +11.63% |
| Depreciation/ Amortization | 60.96 | 64.97 | -6.17% | 59.01 | +3.3% |
| Total Operating Expense | 1360.09 | 1567.37 | -13.22% | 1543.13 | -11.86% |
| Operating Income | 117.77 | 159.2 | -26.02% | 157.91 | -25.42% |
| Net Income Before Taxes | 15.55 | 45.32 | -65.69% | 54.76 | -71.6% |
| Net Income | 13.59 | -8.79 | +254.61% | 35.43 | -61.64% |
| Diluted Normalized EPS | 0.19 | 0.63 | -69.74% | 0.55 | -65.45% |
Stay updated on quarterly results with our results calendar
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
MoreLessFAQs
₹13.59Cr
₹1477.86Cr
First Published:1 Aug 2024, 11:11 AM IST
Business NewsCompaniesCompany ResultsJain Irrigation Systems Q1 Results Live : profit falls by 61.64% YOY
- Top Gainers
- Top Losers
- 52 Week High
