JAIPRAKASH ASSO. Announces Quarterly Results (1QFY20); Net Profit Up 44.3%

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?  

JAIPRAKASH ASSO. Announces Quarterly Results (1QFY20); Net Profit Up 44.3%
Mon, 29 Jul

JAIPRAKASH ASSO. has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

JAIPRAKASH ASSO. Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m16,90817,21211,999-30.3%-29.0%
Other incomeRs m961,166723-38.0%654.3%
TurnoverRs m17,00418,37812,721-30.8%-25.2%
ExpensesRs m15,04416,71011,416-31.7%-24.1%
Gross profitRs m-55-1,812583
DepreciationRs m9869941,0132.0%2.7%
InterestRs m1,9051,8631,8800.9%-1.3%
Profit before taxRs m-2,850-3,502-1,588
TaxRs m0000.0%0.0%
Profit after taxRs m-2,850-3,502-1,588
Gross profit margin%-0.3-10.54.9
Effective tax rate%0.00.00.0
Net profit margin%-16.8-19.1-12.5
* 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 29.0% on a year-on-year (YoY) basis. The expenses were down by 24.1% YoY during the same period.
  • The company's operating profit declined by 1164.9% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 4.9% in 1QFY20 as against 0.3% in 1QFY19.
  • Depreciation charges increased by 2.7% and finance costs declined by 1.3% YoY, respectively.
  • Other income increased by 654.3% YoY during the quarter.
  • Net profit for the quarter increased by 44.3% YoY. Net profit margins during the quarter increased from -16.8% in 1QFY19 to -12.5% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 30.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 31.7% QoQ during the same period.
  • The company's operating profit increased by 132.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 4.9% in 1QFY20 as against 10.5% in 4QFY19.
  • Net profit for the quarter increased by 54.6% QoQ, while net profit margins increased from -19.1% in 4QFY19 to -12.5% in 1QFY20.

To see how JAIPRAKASH ASSO. has performed over the last eight quarters,please visit here.

JAIPRAKASH ASSO. Share Price Performance

Over the last one year,JAIPRAKASH ASSO. share price has moved down from Rs 15.0 to Rs 2.6, registering a Loss of Rs 12.5 or around 83.0%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 2,101.4 (down 0.6%). Over the last one year it has moved up from 2,068.3 to 2,101.4, a gain of 33 points (up 1.6%).

Overall, the S&P BSE SENSEX is up 2.2% over the year.

Current Valuations

At the current price of Rs 2.6, the price to book value (P/BV) ratio of JAIPRAKASH ASSO. stands at 0.1 times.

Equitymaster requests your view! Post a comment on "JAIPRAKASH ASSO. Announces Quarterly Results (1QFY20); Net Profit Up 44.3%". Click here!

  

Related Views on News

Mindspace Business Parks REIT IPO - Should You Apply? (IPO)

Jul 27, 2020

Should you apply for the IPO of Mindspace Business Parks REIT?

JAIPRAKASH ASSO. Announces Quarterly Results (4QFY19); Net Profit Down 345.0% (Quarterly Result Update)

May 30, 2019 | Updated on May 30, 2019

For the quarter ended March 2019, JAIPRAKASH ASSO. has posted a net profit of Rs 4 bn (down 345.0% YoY). Sales on the other hand came in at Rs 17 bn (up 7.1% YoY). Read on for a complete analysis of JAIPRAKASH ASSO.'s quarterly results.

JAIPRAKASH ASSO. Announces Quarterly Results (3QFY19); Net Profit Up 34.0% (Quarterly Result Update)

Feb 11, 2019 | Updated on Feb 11, 2019

For the quarter ended December 2018, JAIPRAKASH ASSO. has posted a net profit of Rs 978 m (up 34.0% YoY). Sales on the other hand came in at Rs 15 bn (up 36.9% YoY). Read on for a complete analysis of JAIPRAKASH ASSO.'s quarterly results.

JAIPRAKASH ASSO. 2017-18 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

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

More Views on News

Most Popular

Stocks that Could Shine More than Gold After Diwali(Profit Hunter)

Nov 17, 2020

If the markets become volatile over the next few months, do this.

How to Build the Best Trading System(Fast Profits Daily)

Nov 20, 2020

In this video, I'll show you how to make the best trading system.

Not Infosys or Wipro. India's Next Wealth Creators Could Be Drone Stocks(Profit Hunter)

Nov 25, 2020

India's drones directorate signals the next big defence tech multibaggers.

How the New Margins Will Impact You(Fast Profits Daily)

Nov 25, 2020

The new rules on margins will come into effect from 1st December. Are you ready?

An Eraser and Some Pencils(The Honest Truth)

Nov 17, 2020

Ajit Dayal on the road ahead for the world after covid.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

JAIPRAKASH ASSO. SHARE PRICE


Nov 27, 2020 10:56 AM

TRACK JAIPRAKASH ASSO.

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

MORE ON JAIPRAKASH ASSO.

JAIPRAKASH ASSO. - PRAJAY ENGG. COMPARISON

COMPARE JAIPRAKASH ASSO. WITH

MARKET STATS