JAY BHARAT MARUTI - SECOND QUARTER RESULTS (SEPTEMBER 2014) - NET SALES UP 16%; NET PROFITS UP 62% YoY

JAY BHARAT MARUTI

SECOND QUARTER RESULTS

(SEPTEMBER 2014)

Jay Bharat Maruti posted GOOD RESULTS for the 2^nd (July-September) quarter with net profit rising 62.45 % to Rs 12.25 crore as against Rs 7.54 crore during Q2 FY 14. 

Net Sales have gone up by 16.1 % YoY. Net Profit has gone up by 62.45% YoY. The  results are in the table below . Maruti Suzuki is the only customer for the company. 

With Maruti doing well and expecting to do better in coming quarters, Jay Bharat also is doing well and expecting to Better in coming Quarters.

Nishant Arya, ED, Jay Bharat Maruti is confident of increasing revenue by 10-15 percent in FY15 with an increase in orders from their sole customer Maruti Suzuki . 

RESULTS TABLE

JAY BHARAT MARUTI	30-Sep-14	30-Jun-14	DIF % QOQ	30-Sep-13	DIF % YOY
Net Sales	32262.08	29177.65	10.57	27787.55	16.1
Total Expenditure	32215.62	29468	9.32	27938.12	15.31
Net Profit	1224.83	676.41	81.08	753.98	62.45
Diluted EPS	5.66	3.12	81.41	3.48	62.64
Total Income	34547.78	30995.49	11.46	29606.91	16.69
Total expenses	32215.62	29468	9.32	27938.12	15.31
Profit before tax	1866.32	1020.86	82.82	1136.35	64.24
Tax Expenses	641.49	344.45	86.24	382.37	67.77
Net Profit	1224.83	676.41	81.08	753.98	62.45
Face Value	5	5	0	5	0
Paid-up Equity	1082.5	1082.5	0	1082.5	0
Basic EPS	5.66	3.12	81.41	3.48	62.64
Public holding (%)	41.43	41.43	0	41.43	0

  

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