JP Associate Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Recent quarter shows a notable revenue increase of 24.2% from Q2 2023 to Q3 2023, indicating strong sales growth.
Operational expenses have decreased in Q3 2023, improving margins compared to prior quarters.
Stable interest income, providing a cushion against operational losses and enhancing financial stability.

NEGATIVES

Despite revenue growth, net profit remains negative, indicating ongoing profitability challenges.
Operating profit deteriorated further in Q3 2023, reflecting increased operational inefficiencies.
High material costs continue to pressure margins, impacting overall financial health.

Field	Mar 23	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	1,907.74	1,429.06	1,895.52	1,655.94	1,972.12	1,821.13	1,373.67	1,491.07	1,137.28	672.42
Expenses	1,647.14	1,350.85	1,816.15	1,615.88	1,885.23	1,748.75	1,334.25	1,483.58	1,330.87	691.15
Operating Profit	260.60	78.21	79.37	40.06	86.89	72.38	39.42	7.49	-193.59	-18.73
Other Income	42.13	76.17	47.45	57.03	-8.69	111.51	85.04	43.45	112.25	42.90
Interest	173.91	225.51	254.58	271.15	265.98	265.02	297.36	315.76	300.88	203.68
Depreciation	77.11	97.05	104.65	104.87	95.38	90.22	84.75	308.71	105.73	93.69
Profit Before Tax	-159.19	-122.11	-222.26	-459.27	-342.69	-1,017.35	-238.52	-761.84	-755.96	253.47
Tax	6.92	7.26	3.22	16.85	11.40	5.87	-2.54	6.53	-58.01	3.03
Net Profit	-315.67	-183.49	-248.09	-476.12	-431.27	-1,025.93	-297.83	-768.37	-730.77	232.30
Eps in Rs	-1.31	-0.74	-1	-1.93	-1.79	-4.17	-1.19	-3.12	-2.69	0.98