Quicktouch Technologies Q1 Results Total Income ₹9.55 Lakhs & Loss Before Tax ₹18.66 Lakhs

JMG Corporation Q1 Results

Quicktouch Technologies Q1 Results: JMG Corporation financial results for the quarter ending June 30, 2024, show how the company performed during this period. They made ₹9.41 lakhs from their main business operations, which is an increase compared to ₹6.35 lakhs from the same period last year. The company also earned a small amount from other sources of income (₹0.12 lakhs), bringing their total income to ₹9.55 lakhs, up from ₹6.41 lakhs in the previous year.

Quicktouch Technologies’ total expenses were much higher than its income. They spent ₹20.91 lakhs on various costs, such as buying goods, employee salaries, and other operating expenses. This led to a loss before taxes of ₹18.66 lakhs, which is worse than the ₹13.53 lakhs loss they had during the same time last year. After adjusting for taxes, the company’s loss remained at ₹18.66 lakhs for the quarter.

Quicktouch Technologies’ financials include a small comprehensive income of ₹0.08 lakhs. Their earnings per share (EPS) were negative, indicating a loss for shareholders, with each share losing ₹0.08 in value.

Here's a summary based on the information provided:

Figures in Lakhs (₹)

Source: Here 

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JMG Corporation Stock Metrics

JMG Corporation has a market capitalization of ₹6.76 crore, which means the total value of all its shares is ₹6.76 crore. Its current stock price is ₹2.92, with the highest price being ₹2.92 and the lowest ₹1.84 in recent times. The company's price-to-earnings ratio (P/E) is 61.4, showing that investors are paying 61.4 times its earnings per share. Its book value, representing the value of its assets, is ₹3.07 per share. 

Here’s the data in table format:

Quarterly Results 

For JMG Corporation, in December 2023, the company made a small profit with sales of Rs. 0.20 crores and expenses of Rs. 0.12 crores, resulting in an operating profit of Rs. 0.08 crores and a positive OPM (Operating Profit Margin) of 40%. In March 2024, sales slightly decreased to Rs. 0.17 crores, with expenses rising to Rs. 0.14 crores. The operating profit was Rs. 0.03 crores, and the OPM dropped to 17.65%. 

Here's the transposed data for the quarters December 2023, March 2024, and June 2024:

(Rs. Crores)

About JMG Corporation

JMG Corporation is a company that helps businesses achieve their goals for sustainability, net zero emissions, and clean energy. Listed on the BSE, it is run by a team of experienced professionals and industry experts. JMG Corporation focuses on medium to large-sized organizations, offering services to help them define their vision, align their strategies, and create plans for sustainability. Their offerings include ESG (Environmental, Social, and Governance) practices, consulting for net zero goals, Carbon Footprint Consulting & Offsetting (CFCO) solutions, and advice on developing turnkey projects.