Johnson Controls-Hitachi Air Condition. India Reports Strong Financial Performance in Q1 FY25

Jul 30 2024 06:15 PM IST
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Johnson Controls-Hitachi Air Condition. India has reported a strong financial performance in the quarter Mar 2024, with significant growth in key indicators such as Profit Before Tax, Profit After Tax, and Net Sales. The company's overall score has improved from -25 to 20 in the last 3 months. MarketsMojo has given a 'Hold' call for the company's stock, indicating potential for growth in the midcap air conditioner industry.

Overall, Johnson Controls-Hitachi Air Condition. India has shown strong financial performance in the quarter Mar 2024. The company has seen significant growth in key financial indicators such as Profit Before Tax, Profit After Tax, and Net Sales. This has led to an improvement in the company’s overall score from -25 to 20 in the last 3 months.

The company’s Profit Before Tax has shown a remarkable growth of 2750.45% Year on Year, while Profit After Tax has grown by 4830.0% Year on Year. Net Sales have also seen a positive growth of 40.94% Year on Year, with the highest sales of Rs 771.81 cr in the last five quarters.


Johnson Controls-Hitachi Air Condition. India has also shown an improvement in its Operating Profit Margin, which is at its highest at 10.55% in the last five quarters. This indicates an increase in the company’s efficiency.


However, the company’s Non Operating Income has also seen a significant increase, which may not be sustainable in the long run. It is important for the company to focus on its core business activities to maintain its strong financial performance.


Based on the financial results for the quarter Mar 2024, MarketsMOJO has given a ‘Hold’ call for Johnson Controls-Hitachi Air Condition. India’s stock. With a strong financial performance and positive trends in key indicators, the company is poised for growth in the midcap air conditioner industry.


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