{"id":33900,"date":"2023-11-17T06:42:46","date_gmt":"2023-11-17T06:42:46","guid":{"rendered":"https:\/\/theindianinfluencer.com\/index.php\/2023\/11\/17\/newjaisa-technologies-h1-fy24-total-income-up-86\/"},"modified":"2023-11-17T06:42:46","modified_gmt":"2023-11-17T06:42:46","slug":"newjaisa-technologies-h1-fy24-total-income-up-86","status":"publish","type":"post","link":"https:\/\/theindianinfluencer.com\/index.php\/2023\/11\/17\/newjaisa-technologies-h1-fy24-total-income-up-86\/","title":{"rendered":"NewJaisa Technologies H1 FY24 Total Income Up 86%"},"content":{"rendered":"<div>\n<p><strong>Mumbai (Maharashtra) [India], November 17<\/strong>: NewJaisa\u00a0Technologies Limited\u00a0(NSE \u2013\u00a0NEWJAISA),\u00a0<a><\/a>India\u2019s leading IT electronics refurbishing company,\u00a0announced\u00a0its\u00a0unaudited Financial Results for\u00a0H1\u00a0FY24.<\/p>\n<p><a><\/a>Key Financials at a Glance:<\/p>\n<p>H1 FY24:<\/p>\n<p>\u2022\u00a0Total Income of\u00a0\u20b9\u00a026.17 Cr, up by 85.87 %<\/p>\n<p>\u2022\u00a0EBITDA of\u00a0\u20b9\u00a04.06 Cr, up by 49.90 %<\/p>\n<p>\u2022\u00a0Net Profit of\u00a0\u20b9\u00a02.89 Cr, up by 39.07 %<\/p>\n<p>\u2022\u00a0EBITDA Margin stood at 15.51%<\/p>\n<p>\u2022\u00a0Net Profit Margin stood at 11.10%<\/p>\n<p>\u2022\u00a0EPS stood at\u00a0\u20b9\u00a02.45<\/p>\n<p>Commenting on the performance,\u00a0Mr. Vishesh Handa, Chairman and Managing Director of\u00a0NewJaisa Technologies Limited\u00a0said,\u00a0\u201cI\u2019m happy to announce an impressive 85% revenue growth in H1 FY24. Our customer base, spanning households, SMEs, and students, continues to drive significant demand. Emphasizing strategic growth, we\u2019re successfully diversifying revenue channels through direct sales.<\/p>\n<p>Our strategy emphasis on sustainable growth is reflected in 85-90% year on year increase in our topline.<\/p>\n<p>We continue to broad base our revenue channels through direct sales to diversified consumer segments. Our margin stands at 11.10% a deliberate alignment with our sustainable growth plan as we aimed to invest funds in human capital which reduces our margins by 3.72% when compared to H1 FY 23. We ramped up our employee base to double to fuel our sustainable growth projections.\u00a0<\/p>\n<p>H2 of financial year is always important and significant for us, we\u2019re proactively gearing up for the anticipated surge in demand during the festive season.\u00a0To gain the momentum we have made our new facility of around 30K Sq ft. operational in October 2023.\u00a0<\/p>\n<p>Our consistent investments position us well to handle and capitalize on this seasonal uptick.\u201d<\/p>\n<p>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], November 17: NewJaisa\u00a0Technologies Limited\u00a0(NSE \u2013\u00a0NEWJAISA),\u00a0India\u2019s leading IT electronics refurbishing company,\u00a0announced\u00a0its\u00a0unaudited Financial Results for\u00a0H1\u00a0FY24. Key Financials at a Glance: H1 FY24: \u2022\u00a0Total Income of\u00a0\u20b9\u00a026.17 Cr, up by 85.87 % \u2022\u00a0EBITDA of\u00a0\u20b9\u00a04.06 Cr, up by 49.90 % \u2022\u00a0Net Profit of\u00a0\u20b9\u00a02.89 Cr, up by 39.07 % \u2022\u00a0EBITDA Margin stood at 15.51% \u2022\u00a0Net Profit Margin stood [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":33901,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101],"tags":[312,315],"class_list":["post-33900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pr","tag-press-release"],"_links":{"self":[{"href":"https:\/\/theindianinfluencer.com\/index.php\/wp-json\/wp\/v2\/posts\/33900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theindianinfluencer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theindianinfluencer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theindianinfluencer.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theindianinfluencer.com\/index.php\/wp-json\/wp\/v2\/comments?post=33900"}],"version-history":[{"count":0,"href":"https:\/\/theindianinfluencer.com\/index.php\/wp-json\/wp\/v2\/posts\/33900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theindianinfluencer.com\/index.php\/wp-json\/wp\/v2\/media\/33901"}],"wp:attachment":[{"href":"https:\/\/theindianinfluencer.com\/index.php\/wp-json\/wp\/v2\/media?parent=33900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theindianinfluencer.com\/index.php\/wp-json\/wp\/v2\/categories?post=33900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theindianinfluencer.com\/index.php\/wp-json\/wp\/v2\/tags?post=33900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}