Jai Balaji Industries Ltd's Q4FY25 Quarterly Results

Result Summary

• Jai Balaji Industries Ltd reported a 33.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.7%.
• Its expenses for the quarter were up by 23.3% QoQ and down 3.9% YoY.
• The net profit increased 126.7% QoQ and decreased 2187.0% YoY.
• The earnings per share (EPS) of Jai Balaji Industries Ltd stood at 15.8 during Q4FY25.

Financial Statments for Q4FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Jai Balaji Industries Ltd is a prominent player in the steel manufacturing industry in India. The company is primarily engaged in the production of various steel products, including sponge iron, pig iron, ferro alloys, and alloy steel. Jai Balaji Industries Ltd operates numerous facilities across the country, emphasizing integrated steel production processes. The company aims to cater to the growing demand for steel driven by infrastructure development and industrial growth in India. While no specific recent developments are mentioned, Jai Balaji Industries Ltd continues to focus on operational efficiency and expansion to maintain its competitive position in the market.

Revenue

In Q4FY25, Jai Balaji Industries Ltd reported a total income of ₹2001.83 crores. This marks a significant increase of 33.1% compared to the previous quarter, Q3FY25, where the total income was ₹1503.90 crores. Year-over-year, the total income rose by 14.7% from ₹1745.25 crores reported in Q4FY24. This growth in revenue indicates a strong performance in the latest quarter, reflecting the company's ability to generate higher sales or revenue streams compared to both the previous quarter and the same quarter in the previous year.

Profitability

The company's profitability improved markedly in Q4FY25, with a Profit Before Tax (PBT) of ₹356.63 crores. This represents a substantial quarter-over-quarter increase of 110.3% from Q3FY25, where the PBT was ₹169.62 crores. Year-over-year, the increase is even more pronounced, with the PBT rising by 948.3% from ₹34.02 crores in Q4FY24. After accounting for taxes, the Profit After Tax (PAT) was ₹272.98 crores in Q4FY25, up 126.7% from ₹120.42 crores in Q3FY25 and a significant improvement from a loss of ₹13.08 crores in Q4FY24. The Earnings Per Share (EPS) also saw a similar pattern, rising to ₹15.80 in Q4FY25 from ₹1.30 in Q3FY25 and improving from a negative value of ₹-0.70 in Q4FY24.

Operating Metrics

The total expenses for Jai Balaji Industries Ltd in Q4FY25 amounted to ₹1645.20 crores, reflecting an increase of 23.3% from ₹1334.28 crores in Q3FY25. However, this figure represents a slight year-over-year decrease of 3.9% from ₹1711.22 crores in Q4FY24. The quarter-over-quarter growth in expenses was outpaced by the growth in total income, contributing to the improved profitability. The tax liability for Q4FY25 was ₹83.65 crores, which increased by 70.0% from ₹49.20 crores in Q3FY25, and 77.6% from ₹47.10 crores in Q4FY24. Despite the increase in taxes, the company's improved revenue and profitability metrics contributed to a strong financial performance for the quarter.