Filing Flows › Jerash Holdings (US) (JRSH) › Q3 FY25
Jerash Holdings (US) (JRSH) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Feb 12, 2025
Jerash Holdings (US) (JRSH) reported revenue of $35.4M for the third quarter fiscal 2025 (Q3 FY25), +29% from a year earlier and -12% from the quarter before. Operating margin was 2.0%, net earnings $6K (0.0% of revenue).
Jerash Holdings (US), Q3 FY25: revenue $35.4M (+29% year over year), operating margin 2.0%, net earnings $6K, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35.4M | -12% | +29% |
| Gross profit | $5.4M | -24% | +21% |
| Operating profit | $708K | -38% | +88% |
| Net earnings | $6K | -99% | -97% |
| Operating cash flow | −$3.0M | — | — |
What changed
Revenue was $35.4M in Q3 FY25, up 29% year over year and down 12% from the previous quarter.
Gross margin was 15.2%, down 1.0 points from a year earlier. Operating profit was $708K, a 2.0% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 4% reached operating profit, above the 1% margin then. Operating expenses grew 14% against revenue growth of 29%. The fastest-growing cost line was Other operating costs (+95%). Net earnings were −$6K. The effective tax rate was 98.6%.
Operating cash flow was −$3.0M. Non-cash charges added back $115K of depreciation and amortization and $474K of share-based compensation. Working capital and other items used $3.6M. Capital expenditures of $143K exceeded it, leaving free cash flow of −$3.2M.
Questions
What was Jerash Holdings (US)'s revenue in the third quarter fiscal 2025?
Jerash Holdings (US) (JRSH) reported revenue of $35.4M for the third quarter fiscal 2025 (Q3 FY25), +29% from a year earlier and -12% from the quarter before.
Was Jerash Holdings (US) profitable in the third quarter fiscal 2025?
Operating profit was $708K (2.0% of revenue) and net earnings $6K.