Jash Engineering disappoints in Q3 Consolidated Result

Jash Engineering Experiences Net Loss of Rs.2.79 Crore after Consolidated Q3 of FY2018-19.

Jash Engineering Limited reported increase of standalone net profit after the third quarter of FY2018-19 at Rs.5.31 Crore against the loss of Rs.3.26 Crore in the previous year.

Reportedly, the standalone net profit stood at Rs.8.09 Crore on 31.12.18 which is Rs.10.03 Crore higher compared to 31.12.17. In FY2017, the net profit was Rs.7.33 Crore.

Following are the standalone financial turnovers of Jash Engineering Limited:

- At the 9 month end of FY2018-19, the total earning increased by Rs.46.31 Crore as against Rs.31.12.17.
- In FY2017 the company earned Rs.154.61 Crore revenue with a PBT of Rs9.28 Crore
- PBT of Rs.2.58 Crore in Q3 of FY2018-19 which stood at loss of Rs.4.08 Crore in the last year Q3.
- By 31.12.17 loss before tax was of Rs.2.34 Crore and in current fiscal year it is profit of Rs.8.81 Crore.

Below are the consolidated financial data of Jash Engineering Limited:

- Rs.179.58 Crore revenue was earned in FY2017 with a PBT of Rs.1.22 Crore
- In FY2018-19 Q3 the company incurred before tax loss of Rs.2.10 Crore which is Rs.12.8 Lakh more than the loss occurred in previous year.
- At 9th month end of FY2018, the PBT was Rs.1.40 Crore.
- By 31.12.18 the PAT was Rs.24.85 Lakh as against loss of Rs.2.89 Crore in 31.12.17.
- In FY2017 the company achieved net profit of Rs.33.61 Lakh.

Headquartered in Madhya Pradesh, Jash Engineering Limited is an ISO-9001:2008 certified company, involved in the field of water control gates, screening equipment, water hammer control solutions and bulk solid handling valves.