Latest news with #JagatjitIndustries
Time of India
17-05-2025
- Business
- Time of India
Jagatjit Industries slips into red in Q4 with Rs 8.8 crore loss; FY25 ends with Rs 23 crore net loss
New Delhi: Jagatjit Industries has posted a consolidated net loss of Rs 8.8 crore for the quarter ended March 31, 2025. It had reported a consolidated net profit of Rs 2 crore in the same period last year, as revenue and margins took a hit, according to its regulatory filing on Saturday. Its revenue from operations during the quarter declined 17 per cent year-on-year to Rs 150.6 crore, as demand pressures weighed on volumes. Total expenses stood at Rs 166.32 crore, up slightly from Rs 166.28 crore a year ago, primarily due to higher excise duty and employee costs. Gross margin contraction and elevated finance costs, which came in at Rs 7.4 crore for the quarter, also contributed to the weaker earnings. For the full fiscal year FY25, the company reported a net loss of Rs 23.5 crore, against a profit of Rs 7.6 crore in FY24. Annual revenue from operations declined 9 per cent to Rs 642.3 crore, down from Rs 708.2 crore in the previous year, as per the BSE filing. Full-year EBITDA was impacted by persistent cost pressures and a muted consumption environment. Finance costs rose to Rs 28.2 crore from Rs 26 crore last year, while other income increased marginally to Rs 28.1 crore. The company also reported a loss of Rs 0.3 crore from discontinued operations in FY25. Jagatjit Industries, known for its liquor brands such as Aristocrat and AC Black, continues to face headwinds in maintaining profitability amid inflationary pressures and subdued consumer sentiment.
Business Standard
17-05-2025
- Business
- Business Standard
Jagatjit Industries reports standalone net loss of Rs 6.66 crore in the March 2025 quarter
Sales decline 11.37% to Rs 115.35 crore Net loss of Jagatjit Industries reported to Rs 6.66 crore in the quarter ended March 2025 as against net profit of Rs 1.98 crore during the previous quarter ended March 2024. Sales declined 11.37% to Rs 115.35 crore in the quarter ended March 2025 as against Rs 130.15 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 23.28 crore in the year ended March 2025 as against net profit of Rs 9.48 crore during the previous year ended March 2024. Sales declined 11.83% to Rs 491.50 crore in the year ended March 2025 as against Rs 557.45 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 115.35130.15 -11 491.50557.45 -12 OPM % -5.273.67 - -2.823.47 - PBDT -4.324.38 PL -13.7819.46 PL PBT -6.602.01 PL -23.059.71 PL NP -6.661.98 PL -23.289.48 PL
