Equity Analysis

Company News

    Servotech Power Systems Ltd
    Industry :  Electric Equipment
    BSE Code
    ISIN Demat
    Book Value()
    535002
    INE782X01033
    7.3435029
    NSE Symbol
    P/E(TTM)
    Mar.Cap( Cr.)
    SERVOTECH
    188.96
    3874.97
    EPS(TTM)
    Face Value()
    Div & Yield %:
    0.92
    1
    0.03
     
Josts Engineering rallies after robust Q2 outcome
Nov 07,2024
On a standalone basis, net profit of Jost's Engineering Company surged 133.18% to Rs 5.13 crore on 52.60% increase in net sales to Rs 62.58 crore in Q2 September 2024 over Q2 September 2023.

Profit before tax stood at Rs 7.28 crore in the Q2FY25, up 132.59% YoY and up 50.72% QoQ.

Total expenses rose 45.29% to Rs 55.31 crore in Q2 FY25 over Q2 FY24. During the quarter, cost of materials consumed stood at Rs 17.98 crore (up 131.70% YoY) while employee benefits expense was at Rs 7.95 crore (up 8.76% YoY).

Net cash flow from operating activities improved to Rs 8.98 crore in Q2FY25 from a cash flow of Rs 5.94 crore in Q2FY24.

Mumbai-based Jost's Engineering Company is a material handling equipment (MHD) manufacturer and supplier of a broad range of engineering product (EPD) solutions with applications in many different industries.