Jayaswal Neco Industries Q1 results: loss at ₹31.68Cr, Revenue decreased by 1.84% YoY
Jayaswal Neco Industries Q1 results: Revenue decreased by 1.84% YoY & loss at ₹31.68Cr
Jayaswal Neco Industries Q1 Results Live : Jayaswal Neco Industries Q1 Results Live: On 14 August 2024, Jayaswal Neco Industries announced its Q1 results, revealing a decrease in revenue by 1.84% year-over-year (YoY) and a net loss of ₹31.68 crore. This is a stark contrast to the same period last fiscal year, where the company had declared a profit of ₹27.59 crore.
Despite the annual decline, the company showed a slight improvement in revenue compared to the previous quarter, with an increase of 1.85%. However, this was overshadowed by a significant rise in selling, general, and administrative expenses, which surged by 13.74% quarter-over-quarter (QoQ) and 15.82% YoY.
Operating income also took a hit, plummeting by 33.57% QoQ and 30.94% YoY. The earnings per share (EPS) for Q1 stood at ₹-0.33, marking a drastic decline of 216.11% YoY.
In terms of market performance, Jayaswal Neco Industries has delivered a -1.68% return over the past week, a -20.93% return over the last six months, and a 0% year-to-date (YTD) return. The company's current market capitalization is ₹4549.13 crore, with a 52-week high of ₹65.4 and a low of ₹26.15.
Jayaswal Neco Industries Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1437.56 | 1411.43 | +1.85% | 1464.57 | -1.84% |
| Selling/ General/ Admin Expenses Total | 91 | 80.01 | +13.74% | 78.57 | +15.82% |
| Depreciation/ Amortization | 66.91 | 66.88 | +0.04% | 65.73 | +1.8% |
| Total Operating Expense | 1339.64 | 1264.03 | +5.98% | 1322.78 | +1.27% |
| Operating Income | 97.92 | 147.4 | -33.57% | 141.79 | -30.94% |
| Net Income Before Taxes | -40.91 | 8.03 | -609.46% | 40.49 | -201.04% |
| Net Income | -31.68 | 2.03 | -1660.59% | 27.59 | -214.82% |
| Diluted Normalized EPS | -0.33 | 0.14 | -341.1% | 0.28 | -216.11% |
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