Jtekt India Q1 Results Live : profit falls by 12.75% YOY
Jtekt India Q1 Results Live : Revenue increased by 15.79% YoY & profit decreased by 12.75% YoY
Jtekt India Q1 Results Live : Jtekt India announced their Q1 results on 01 Aug, 2024, revealing a 15.79% increase in revenue but a 12.75% decrease in profit year-over-year.
Quarterly comparison shows a 12.53% decline in revenue and a significant 56.62% decrease in profit.
The Selling, general & administrative expenses saw a 7.97% increase quarter-over-quarter and an 8.33% increase year-over-year.
Operating income took a hit, decreasing by 62.55% sequentially but showing a 14.58% increase year-over-year.
The earnings per share (EPS) for Q1 stood at ₹0.59, marking a 24.76% increase year-over-year.
In terms of returns, Jtekt India has delivered -2.55% in the last week, 26.14% in the last 6 months, and 26.74% year-to-date.
The market cap for Jtekt India currently stands at ₹5450.5 Cr with a 52-week high/low of ₹225.7 & ₹126.05 respectively.
Analyst coverage as of 02 Aug, 2024, shows 1 analyst with a Strong Buy rating on the company and a consensus recommendation of Strong Buy.
Jtekt India Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 552.91 | 632.08 | -12.53% | 477.52 | +15.79% |
| Selling/ General/ Admin Expenses Total | 60.67 | 56.19 | +7.97% | 56.01 | +8.33% |
| Depreciation/ Amortization | 19.89 | 22.98 | -13.45% | 19 | +4.68% |
| Total Operating Expense | 535.42 | 585.37 | -8.53% | 462.25 | +15.83% |
| Operating Income | 17.5 | 46.72 | -62.55% | 15.27 | +14.58% |
| Net Income Before Taxes | 20.06 | 48.85 | -58.94% | 24.94 | -19.56% |
| Net Income | 14.88 | 34.3 | -56.62% | 17.05 | -12.75% |
| Diluted Normalized EPS | 0.59 | 1.35 | -56.3% | 0.47 | +24.76% |
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