JAIPRAKASH POWER Announces Quarterly Results (1QFY20); Net Profit Down 2922.0%

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?  

Markets will remain closed on 6th April, 2020 on account of Mahavir Jayanti.

JAIPRAKASH POWER Announces Quarterly Results (1QFY20); Net Profit Down 2922.0%
Tue, 30 Jul

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

JAIPRAKASH POWER Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m10,8317,71010,32033.9%-4.7%
Other incomeRs m7115555-64.5%-22.2%
TurnoverRs m10,9017,86410,37531.9%-4.8%
ExpensesRs m6,4626,7787,3147.9%13.2%
Gross profitRs m4,8969313,007222.8%-38.6%
DepreciationRs m1,1871,1631,1862.0%-0.1%
InterestRs m3,7153,6273,6711.2%-1.2%
Profit before taxRs m65-3,704-1,795-2878.9%
TaxRs m23-1,261-627-2802.2%
Profit after taxRs m41-2,443-1,168-2922.0%
Gross profit margin%45.212.129.1
Effective tax rate%35.934.034.9
Net profit margin%0.4-31.1-11.3
* 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 4.7% on a year-on-year (YoY) basis. The expenses were up by 13.2% YoY during the same period.
  • The company's operating profit declined by 38.6% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 29.1% in 1QFY20 as against 45.2% in 1QFY19.
  • Depreciation charges declined by 0.1% and finance costs declined by 1.2% YoY, respectively.
  • Other income declined by 22.2% YoY during the quarter.
  • Net profit for the quarter declined by 2922.0% YoY. Net profit margins during the quarter declined from 0.4% in 1QFY19 to -11.3% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 33.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.9% QoQ during the same period.
  • The company's operating profit increased by 222.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 29.1% in 1QFY20 as against 12.1% in 4QFY19.
  • Net profit for the quarter increased by 52.2% QoQ, while net profit margins increased from -31.1% in 4QFY19 to -11.3% in 1QFY20.

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

JAIPRAKASH POWER Share Price Performance

Over the last one year,JAIPRAKASH POWER share price has moved down from Rs 2.7 to Rs 1.9, registering a Loss of Rs 0.8 or around 30.7%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,976.2 (up 0.3%). Over the last one year it has moved up from 1,974.1 to 1,976.2, a gain of 2 points (up 0.1%).

Overall, the S&P BSE SENSEX is up 1.1% over the year.

Current Valuations

At the current price of Rs 1.9, the price to book value (P/BV) ratio of JAIPRAKASH POWER stands at 0.1 times.

Equitymaster requests your view! Post a comment on "JAIPRAKASH POWER Announces Quarterly Results (1QFY20); Net Profit Down 2922.0%". Click here!

  

Related Views on News

JAIPRAKASH POWER Announces Quarterly Results (4QFY19); Net Profit Down 55.3% (Quarterly Result Update)

May 14, 2019 | Updated on May 14, 2019

For the quarter ended March 2019, JAIPRAKASH POWER has posted a net profit of Rs 2 bn (down 55.3% YoY). Sales on the other hand came in at Rs 8 bn (up 9.9% YoY). Read on for a complete analysis of JAIPRAKASH POWER's quarterly results.

JAIPRAKASH POWER Announces Quarterly Results (3QFY19); Net Profit Up 50.7% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, JAIPRAKASH POWER has posted a net profit of Rs 959 m (up 50.7% YoY). Sales on the other hand came in at Rs 9 bn (up 8.1% YoY). Read on for a complete analysis of JAIPRAKASH POWER's quarterly results.

JAIPRAKASH POWER 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

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

More Views on News

Most Popular

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

Coronavirus Sell-off Is a Perfect Time to 'Lockdown' this 'Crorepati' Stock(Profit Hunter)

Mar 24, 2020

Coronavirus crisis and panic selling has brought this quality smallcap to multiyear lows, making it a great bargain.

Lockdown! Now the Bailout...(The Honest Truth)

Mar 25, 2020

Ajit Dayal on what India should do to manage the coronavirus impact on the economy.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
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 POWER SHARE PRICE


Apr 3, 2020 (Close)

TRACK JAIPRAKASH POWER

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

MORE ON JAIPRAKASH POWER

JAIPRAKASH POWER - KEI INDUSTRIES COMPARISON

COMPARE JAIPRAKASH POWER WITH

MARKET STATS