JAGRAN PRAKASHAN Announces Quarterly Results (2QFY19); Net Profit Down 37.9%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

JAGRAN PRAKASHAN Announces Quarterly Results (2QFY19); Net Profit Down 37.9%
Tue, 6 Nov

JAGRAN PRAKASHAN has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

JAGRAN PRAKASHAN Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m5,6656,0265,534-8.2%-2.3%
Other incomeRs m125497145.3%-43.2%
TurnoverRs m5,7916,0755,606-7.7%-3.2%
ExpensesRs m4,2794,3904,5383.4%6.1%
Gross profitRs m1,3861,636996-39.1%-28.1%
DepreciationRs m3403073111.2%-8.5%
InterestRs m74315371.0%-28.3%
Profit before taxRs m1,0971,347704-47.7%-35.9%
TaxRs m375463255-45.0%-32.1%
Profit after taxRs m722884449-49.2%-37.9%
Gross profit margin%24.527.118.0
Effective tax rate%34.234.436.2
Net profit margin%12.514.58.0
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 2.3% on a year-on-year (YoY) basis. The expenses were up by 6.1% YoY during the same period.
  • The company's operating profit declined by 28.1% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 18.0% in 2QFY19 as against 24.5% in 2QFY18.
  • Depreciation charges declined by 8.5% and finance costs declined by 28.3% YoY, respectively.
  • Other income declined by 43.2% YoY during the quarter.
  • Net profit for the quarter declined by 37.9% YoY. Net profit margins during the quarter declined from 12.5% in 2QFY18 to 8.0% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 8.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 3.4% QoQ during the same period.
  • The company's operating profit declined by 39.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 18.0% in 2QFY19 as against 27.1% in 1QFY18.
  • Net profit for the quarter declined by 49.2% QoQ, while net profit margins declined from 14.6% in 1QFY18 to 8.0% in 2QFY19.

To see how JAGRAN PRAKASHAN has performed over the last eight quarters, please visit here.

JAGRAN PRAKASHAN Share Price Performance

Over the last one year, JAGRAN PRAKASHAN share price has moved up from Rs 174.5 to Rs 108.5, registering a Loss of Rs 66.1 or around 37.9%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,117.0 (up 1.0%). Over the last one year it has moved up from 6,038.9 to 7,117.0, a gain of 1,078 points (up 17.9%).

Overall, the S&P BSE SENSEX is up 4.0% over the year.

Current Valuations

At the current price of Rs 108.5, the price to earnings (P/E) ratio of JAGRAN PRAKASHAN stands at 12.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.6 times.

Equitymaster requests your view! Post a comment on "JAGRAN PRAKASHAN Announces Quarterly Results (2QFY19); Net Profit Down 37.9%". Click here!

  

Related Views on News

JAGRAN PRAKASHAN Announces Quarterly Results (1QFY20); Net Profit Down 25.9% (Quarterly Result Update)

Aug 1, 2019 | Updated on Aug 1, 2019

For the quarter ended June 2019, JAGRAN PRAKASHAN has posted a net profit of Rs 655 m (down 25.9% YoY). Sales on the other hand came in at Rs 6 bn (down 3.0% YoY). Read on for a complete analysis of JAGRAN PRAKASHAN's quarterly results.

JAGRAN PRAKASHAN Announces Quarterly Results (4QFY19); Net Profit Up 12.1% (Quarterly Result Update)

Jun 3, 2019 | Updated on Jun 3, 2019

For the quarter ended March 2019, JAGRAN PRAKASHAN has posted a net profit of Rs 703 m (up 12.1% YoY). Sales on the other hand came in at Rs 6 bn (up 8.2% YoY). Read on for a complete analysis of JAGRAN PRAKASHAN's quarterly results.

JAGRAN PRAKASHAN 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

Here's an analysis of the annual report of JAGRAN PRAKASHAN for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of JAGRAN PRAKASHAN. Also includes updates on the valuation of JAGRAN PRAKASHAN.

More Views on News

Most Popular

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

For 1,000%+ Gains, Follow the 8-Year Cycle in the Stock Market(Fast Profits Daily)

Jan 17, 2020

This is how the biggest trading profits are made.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

How to Buy the Best Safe Stocks in 2020(The 5 Minute Wrapup)

Jan 17, 2020

Don't fall for the safe stocks narrative going around in the stock market these days.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

JAGRAN PRAKASHAN SHARE PRICE


Jan 23, 2020 (Close)

TRACK JAGRAN PRAKASHAN

  • Track your investment in JAGRAN PRAKASHAN with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON JAGRAN PRAKASHAN

JAGRAN PRAKASHAN - NEWS CORP. COMPARISON

COMPARE JAGRAN PRAKASHAN WITH

MARKET STATS