JTL Industries' Quarterly Profit After Tax Increases, But Operating Profit Margin Declines.

Operating Profit Margin - Quarterly: At 10.0% has been declining over the last five quarters. Company's profitability may be impacted due to rising costs.

JTL Industries, a smallcap company in the iron and steel industry, recently announced its financial results for the quarter ending June 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, JTL Industries has shown a flat performance in the quarter, with a score of 2, which is an improvement from the previous quarter's score of -1. However, there are some positive aspects to the company's financials.

The company's Profit After Tax (PAT) for the quarter was the highest in the last five quarters, at Rs 30.70 crore. This is also a 21.0% increase from the same quarter last year, indicating a positive trend in the near term. Additionally, the Debtors Turnover Ratio for the half-yearly period was the highest in the last five periods, showing that the company has been able to settle its debtors faster.

On the other hand, there are some concerns with JTL Industries' financials. The Non Operating Income for the quarter was the highest in the last five quarters, which may not be sustainable as it comes from non-business activities. The Operating Profit Margin has also been declining over the last five quarters, which could impact the company's profitability due to rising costs.

Overall, JTL Industries has shown a mixed performance in the quarter ending June 2024. Investors should carefully consider all aspects of the company's financials before making any investment decisions.