Kolkata, January 29, 2025 – Jupiter Wagons Limited (NSE: JWL, BSE: 533272) has announced its unaudited financial results for Q3 FY25, reporting strong revenue growth and increased profitability, along with an ambitious ₹3,000 crore fundraising plan through Qualified Institutional Placement (QIP).
Key Financial Highlights (Q3 FY25 - Consolidated)
- Revenue from Operations: ₹1,02,983.35 lakhs (vs. ₹89,583.86 lakhs in Q3 FY24), marking a 14.9% YoY increase.
- Total Income: ₹1,04,465.52 lakhs.
- Profit Before Tax (PBT): ₹12,960.26 lakhs (vs. ₹10,953.65 lakhs in Q3 FY24), up 18.3% YoY.
- Net Profit (PAT): ₹9,643.12 lakhs (vs. ₹8,146.00 lakhs in Q3 FY24), an 18.4% YoY growth.
- Earnings Per Share (EPS): ₹2.29 (vs. ₹2.03 in Q3 FY24).
Nine-Month Financial Overview (9MFY25 - Consolidated)
- Total Revenue: ₹2,91,873.18 lakhs (vs. ₹2,52,832.28 lakhs in 9MFY24), a 15.4% YoY growth.
- Net Profit: ₹27,767.90 lakhs (vs. ₹22,638.97 lakhs in 9MFY24), reflecting 22.7% YoY growth.
- Total Comprehensive Income: ₹27,815.89 lakhs.
Expense Analysis & Cost Control
- Material Costs: ₹83,383.16 lakhs, reflecting efficient procurement and cost control.
- Employee Benefits Expense: ₹1,698.65 lakhs.
- Finance Costs: ₹1,668.02 lakhs.
- Depreciation & Amortization: ₹1,276.78 lakhs.
- Other Expenses: ₹8,393.01 lakhs.
Fundraising & Expansion Plans
- ₹3,000 Crore QIP Approval:
- The Board approved raising to ₹3,000 crores through Qualified Institutional Placement (QIP) and other convertible securities.
- The proposal will require shareholder and regulatory approvals.
- Leadership Change:
- Mr. Vikash Lohia, currently full-time director, will be designated as Deputy Managing Director effective February 1, 2025.