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Josts Engineers Company Q1 Results, Income of ₹5,681 Lakh and PAT of ₹483 Lakh
Jost’s Engineering Company Ltd. achieved a total income of ₹5,681 lakh and a profit before tax of ₹483 lakh for Q1 ending June 30, 2024, indicating solid growth and effective management.
by P Nandhini
Updated Aug 07, 2024
Table of Content
Jost’s Engineering Company Ltd. recently released its financial results for the first quarter of the fiscal year ending June 30, 2024. The company reported a total income of ₹5,681 lakh, which is an increase from ₹3,825 lakh in the same quarter of the previous year.
Their revenue from operations reached ₹5,644 lakh, with significant contributions coming from their material handling and engineered products segments. Despite facing higher expenses, the company managed to achieve a profit before tax of ₹483 lakh, up from ₹149 lakh a year earlier.
The financial results show a positive trend for Jost’s Engineering Company, highlighting improvements in their core business areas. Their cost of materials and other expenses were relatively higher, but efficient management allowed them to maintain a strong profit margin.
The company’s performance in this quarter reflects their ability to grow despite economic challenges, and they are well-positioned for continued success in the coming months.
Josts Engineers Company Q1 Results
Here’s a summary of Jost’s Engineering Company Ltd.'s Q1 financial results for the quarter ended June 30, 2024:
Particulars | ₹ in Lakh |
---|---|
Revenue from Operations | 5,644 |
Other Income | 37 |
Total Income (Revenue + Other Income) | 5,681 |
Expenses | 5,198 |
Profit Before Tax | 483 |
Tax Expenses | 119 |
Profit for the Year | 364 |
Other Comprehensive Income / (Loss) | 1 |
Total Comprehensive Income | 363 |
Earnings Per Share (Basic) | 7.45 |
Earnings Per Share (Diluted) | 7.42 |
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Josts Engineers Company Ltd
Jost’s Engineering Company Ltd. is a well-established company based in Mumbai, India, specializing in manufacturing and supplying material handling equipment and engineering products. Founded in 1907, it operates across India with a network of units, sales offices, and service centers.
The company serves various industries with its diverse range of products and has a long history of providing reliable solutions in the engineering sector. Their recent financial results show steady growth and a solid performance, reflecting their ongoing success and commitment to their business.
1. What is Jost’s Engineering Company Ltd.?
Jost’s Engineering Company Ltd. is an Indian company specializing in material handling equipment and engineering products.
2. What was the earnings per share (EPS) for Q1 (basic)?
The EPS (basic) was ₹7.45.
3. What was Jost’s total income for Q1 ending June 30, 2024?
The total income was ₹5,681 lakh.
4. How does the Q1 income for 2024 compare to the previous year?
It increased from ₹3,825 lakh in the same quarter of the previous year.
5. What was the revenue from operations for Q1 ending June 30, 2024?
The revenue from operations was ₹5,644 lakh.
6. What was the profit before tax for Q1?
The profit before tax was ₹483 lakh.
7. How does the profit before tax for Q1 2024 compare to the previous year?
It increased from ₹149 lakh in the same quarter of the previous year.
8. What were the total expenses for Q1?
The total expenses were ₹5,198 lakh.
9. What was the profit for the year in Q1?
The profit for the year was ₹364 lakh.
10. What is the total comprehensive income for Q1?
The total comprehensive income was ₹363 lakh.