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Hot Pursuit News

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(09 May 2024, 13:28)

Jupiter Wagons jumps 10% in three days; reports good Q4 numbers

Jupiter Wagons rallied 7.64% to Rs 439 after extending gains for the third consecutive trading session.


The counter surged 10.01% in three trading sessions from its recent closing low of Rs 399.10 on 6 May 2024.

Recently, the company reported standalone net profit of Rs 104.22 crore in Q4 FY24, steeply higher than Rs 40.78 crore in Q4 FY23. Revenue from operations jumped 56.38% YoY to Rs 1,112.93 crore in Q4 FY24.

Profit before tax (PBT) increased 75.1% YoY to Rs 138.54 crore in Q4 FY24.

During the quarter, EBITDA jumped 59% to Rs 147.72 crore as compared with Rs 93.03 crore in Q4 FY23. EBITDA margin expanded by 20 bps to 13.3% in Q4 FY24 as compared with 13.1% in Q4 FY23.

Order book as of 31st March 2024 stands at Rs 7,101.66 crore.

On full year basis, the company reported standalone net profit 332.79 crore in FY24 as compared with Rs 125.38 crore in FY23. Revenue from o...

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