MAM
Jain Studios reports flat q-o-q PAT for Q2-2015
BENGALURU: Jain Studios Limited (JSL) reported 6 per cent growth in q-o-q Total Operating Revenue (TOI) in Q2-2015 at Rs 880.07 lakh from Rs 830.24 lakh and a 52.5 y-o-y growth from Rs 577.1 lakh. Y-t-d the company’s TIO increased 52.6 per cent to Rs 1710.31 lakh from Rs 1120.84 lakh in the corresponding six months of last year (HY-2014).
Note: 100,00,000 = 100 lakh = 10 million = 1 crore ; 10 lakh = 1 million
The company’s profit after tax (PAT) in Q2-2015 at Rs 20.78 lakh (2.4 per cent of TIO) was almost flat (2.6 per cent higher) than the Rs 20.26 lakh (2.4 per cent of TIO), but was 33.9 per cent lower than the Rs 31.43 lakh in Q2-2014. PAT for HY-2015 at Rs 41.04 lakh (2.4 per cent of TIO) was 20.3 per cent lower than the Rs 51.51 lakh (4.6 per cent of TIO) in HY-2014.
JSL total expenditure (TE) in Q2-2015 at Rs 845.05 lakh (96 per cent of TIO) was 4.1 per cent more than the Rs 811.94 lakh in Q1-2015 (97.8 per cent of TIO) and 50.1 per cent more than the Rs 562.87 lakh (97.5 per cent of TIO) in Q2-2014. HY-2015 TE at Rs 1657 lakh (96.9 per cent of TIO) was 52.1 per cent more than the Rs 1089.44 lakh (97.2 per cent of TIO) in HY-2014.
Production cost is a major expense head for the company. The company’s production cost in Q2-2015 at Rs 625.52 lakh (71.1 per cent of TIO) was 4 per cent more than the Rs 601.2 lakh (72.4 per cent of TIO) in the previous quarter and 271.9 per cent more than the Rs 168.19 lakh (29.1 per cent of TIO) in Q2-2014. For HY-2015, production cost at Rs 1226.73 lakh (71.7 per cent of TIO) was 279.6 per cent more than the Rs 323.18 lakh (28.8 per cent of TIO) in HY-2014.
JSL chairman J K Jain stated, “There is a growth of 52.50 per cent in the operating revenues during the current quarter as compared to quarter in the previous year due to significant wins in Mobile Healthcare business.
“The growth in revenue is in line with our expectation and is a reflection of our investments in new business ventures to accelerate the company’s growth. We have utilised internal funds for these ventures and are sure that the company will be able to mobilise funds to support the growth in future,” he added.
MAM
Toyota appoints Kenta Kon as President & CEO
New leader to steer EV push and global innovation amid industry shift.
MUMBAI: Toyota just handed the keys to a new driver because when the road to electric mobility gets twisty, you need someone who knows how to accelerate without skidding. Toyota Motor Corporation has named Kenta Kon as its new president and chief executive officer, a key leadership transition as the Japanese giant doubles down on its transformation in the fast-evolving global automotive landscape.
Kon brings deep expertise in automotive innovation, business strategy, and operational leadership to the top job. His appointment signals Toyota’s intent to sharpen focus on accelerating electric mobility, strengthening worldwide operations, and pushing customer-centric breakthroughs in next-generation technologies.
The company is betting on Kon to guide it through the industry’s pivotal shift toward sustainability, digital integration, and smarter mobility solutions. Key priorities under his watch include ramping up electric and hybrid lineups, expanding global market reach, driving cutting-edge automotive R&D, tightening supply-chain efficiency, and scaling connected and intelligent vehicle ecosystems.
This move comes at a time when legacy automakers face intense pressure to balance heritage strengths with aggressive electrification timelines and software-defined vehicle demands. Toyota aims to reinforce its position as a leader in sustainable, reliable, and future-ready mobility while navigating competitive challenges from both traditional rivals and new-age EV players.
For a brand that’s long defined durability and innovation, Kon’s elevation isn’t just a title change, it’s Toyota flooring it toward the next lap, ready to turn today’s tech talk into tomorrow’s showroom reality.
