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

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 POWER Announces Quarterly Results (3QFY19); Net Profit Up 50.7%
Fri, 15 Feb

JAIPRAKASH POWER has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

JAIPRAKASH POWER Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m8,5559,5409,244-3.1%8.1%
Other incomeRs m1,14744974365.5%-35.2%
TurnoverRs m9,7029,9899,9870.0%2.9%
ExpensesRs m6,7635,9746,3115.6%-6.7%
Gross profitRs m1,7923,5662,933-17.8%63.6%
DepreciationRs m1,2911,2051,197-0.6%-7.3%
InterestRs m3,8723,6983,287-11.1%-15.1%
Profit before taxRs m-2,224-887-808
TaxRs m-280-469151
Profit after taxRs m-1,944-419-959
Gross profit margin%21.037.431.7
Effective tax rate%12.652.8-18.7
Net profit margin%-20.0-4.2-9.6
* 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 grew 8.1% on a year-on-year (YoY) basis. The expenses were down by 6.7% YoY during the same period.
  • The company's operating profit increased by 63.6% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 31.7% in 3QFY19 as against 21.0% in 3QFY18.
  • Depreciation charges declined by 7.3% and finance costs declined by 15.1% YoY, respectively.
  • Other income declined by 35.2% YoY during the quarter.
  • Net profit for the quarter increased by 50.7% YoY. Net profit margins during the quarter increased from -20.0% in 3QFY18 to -9.6% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 3.1% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.6% QoQ during the same period.
  • The company's operating profit declined by 17.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 31.7% in 3QFY19 as against 37.4% in 2QFY18.
  • Net profit for the quarter declined by 129.1% QoQ, while net profit margins declined from -4.2% in 2QFY18 to -9.6% in 3QFY19.

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 up from Rs 6.2 to Rs 1.6, registering a Loss of Rs 4.7 or around 74.6%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,782.7 (up 2.0%). Over the last one year it has moved down from 2,245.7 to 1,782.7, a gain of 463 points (down 20.6%).

Overall, the S&P BSE SENSEX is up 4.4% over the year.

Current Valuations

At the current price of Rs 1.6, 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 (3QFY19); Net Profit Up 50.7%". Click here!

  

Related Views on News

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

Jul 30, 2019 | Updated on Jul 30, 2019

For the quarter ended June 2019, JAIPRAKASH POWER has posted a net profit of Rs 1 bn (down 2922.0% YoY). Sales on the other hand came in at Rs 10 bn (down 4.7% YoY). Read on for a complete analysis of JAIPRAKASH POWER's quarterly results.

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.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Intraday Trading for a Living(Fast Profits Daily)

Feb 15, 2021

In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.

Top 5 Stocks Mutual Funds Bought and Sold in January 2021(Sector Info)

Feb 16, 2021

A look at what India's top equity mutual funds bought and sold in January 2021.

I Would Recommend this Small-cap Stock Over Tesla(Profit Hunter)

Feb 16, 2021

Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.

More

India's #1 Trader
Reveals His Secrets

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

JAIPRAKASH POWER SHARE PRICE


Feb 26, 2021 (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 8-QTR ANALYSIS

COMPARE JAIPRAKASH POWER WITH

MARKET STATS