Jtekt India Q4 Results Live : profit rise by 31% YOY
Jtekt India Q4 Results Live : Revenue increased by 19.22% YoY & profit increased by 31% YoY
Jtekt India Q4 Results Live : Jtekt India declared their Q4 results on 30 May, 2024, with the topline increasing by 19.22% and the profit increasing by 31% YoY. The revenue showed a growth of 14.51% compared to the previous quarter.
Selling, general & administrative expenses saw a decline of 2.35% q-o-q but increased by 8.7% Y-o-Y. On the other hand, the operating income witnessed a significant rise of 50.17% q-o-q and 49.87% Y-o-Y.
The EPS for Q4 stood at ₹1.35, marking a 26.16% increase Y-o-Y. Jtekt India delivered a return of 0.97% in the last week, 19.62% in the last 6 months, and 4.47% YTD.
Currently, Jtekt India has a market cap of ₹4217.24 Cr with a 52-week high/low of ₹188 & ₹124.1 respectively. Out of 1 analysts covering the company, 1 analyst has given a Strong Buy rating as of 02 Jun, 2024.
The consensus recommendation as of 02 Jun, 2024 was to Strong Buy, showcasing positive sentiment towards Jtekt India's performance.
Jtekt India Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 632.08 | 552 | +14.51% | 530.18 | +19.22% |
| Selling/ General/ Admin Expenses Total | 56.19 | 57.54 | -2.35% | 51.7 | +8.7% |
| Depreciation/ Amortization | 22.98 | 19.89 | +15.55% | 19.24 | +19.45% |
| Total Operating Expense | 585.37 | 520.89 | +12.38% | 499.01 | +17.31% |
| Operating Income | 46.72 | 31.11 | +50.17% | 31.17 | +49.87% |
| Net Income Before Taxes | 48.85 | 31.1 | +57.1% | 31.91 | +53.11% |
| Net Income | 34.3 | 23.75 | +44.39% | 26.18 | +31% |
| Diluted Normalized EPS | 1.35 | 0.97 | +39.18% | 1.07 | +26.16% |
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