Share the post "GOCL Corporation ‘s Q2 Update: Profit Falls by 65.39% Year-on-Year"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -21.76 % over the year, decrease in net sales/revenue by -26.7 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 10.36 %. Marginal decrease of -43.63% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for GOCL Corporation Limited. Profit dropped by -65.38 % Year to Year, GOCL Corporation Limited’s profitability dropped by -84.99 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -65.30 % Year to Year. EPS decreased by -84.95 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 163.268 Cr | Rs. 174.28 Cr | Rs. 127.741 Cr | -26.7 % | -21.76 % |
Expenses | Rs. 155.4 Cr | Rs. 183.63 Cr | Rs. 145.95 Cr | -20.52 % | -6.08 % |
Operating Profit | Rs. 7.87 Cr | Rs. -9.35 Cr | Rs. -18.21 Cr | -94.76 % | -331.39 % |
OPM % | 4.82 % | -5.36 % | -14.26 % | -8.9 % | -19.08 % |
Other Income | Rs. 55.153 Cr | Rs. 107.972 Cr | Rs. 60.868 Cr | -43.63 % | + 10.36 % |
Interest | Rs. 36.97 Cr | Rs. 29.63 Cr | Rs. 29.65 Cr | + 0.07 % | -19.8 % |
Depreciation | Rs. 3.11 Cr | Rs. 5.21 Cr | Rs. 5.98 Cr | + 14.78 % | + 92.28 % |
Profit before tax | Rs. 22.94 Cr | Rs. 63.78 Cr | Rs. 7.03 Cr | -88.98 % | -69.35 % |
Tax % | 31.51 % | 43.17 % | 22.69 % | -20.48 % | -8.82 % |
Net Profit | Rs. 15.72 Cr | Rs. 36.25 Cr | Rs. 5.44 Cr | -84.99 % | -65.39 % |
EPS in Rs | Rs. 3.17 | Rs. 7.31 | Rs. 1.1 | -84.95 % | -65.3 % |
Today, we’re looking at GOCL Corporation Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -21.76 %. However, it did see a marginal slip of -26.7 % from the previous quarter. Expenses decreased slightly by -20.52 % quarter-on-quarter, aligning with the annual decline of -6.08 %. Operating profit, while down -331.39 % compared to last year, faced a quarter-on-quarter dip of -94.76 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -19.08 %, but a shrinkage of -8.9 % sequentially. Other income fell by -43.63 % compared to the last quarter, despite an annual growth of 10.36 %. Interest expenses surged remarkably by 0.07 % from the previous quarter, yet the year-over-year decrease remains at a moderate -19.8 %. Depreciation costs climbed by 14.78 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 92.28 %. Profit before tax declined annually by -69.35 % but saw a reduction from the preceding quarter by -88.98 %.
Tax expenses as a percentage of profits decreased slightly by -8.82 % compared to last year, with a more notable quarter-on-quarter decrease of -20.48 %. Net profit fell by -65.39 % year-on-year but witnessed a -84.99 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -65.3 % but a quarterly fall of -84.95 %. In summary, GOCL Corporation Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 163.268 Cr | Rs. 174.28 Cr | Rs. 127.741 Cr | -26.7 % | -21.76 % |
Expenses | Rs. 155.4 Cr | Rs. 183.63 Cr | Rs. 145.95 Cr | -20.52 % | -6.08 % |
Operating Profit | Rs. 7.87 Cr | Rs. -9.35 Cr | Rs. -18.21 Cr | -94.76 % | -331.39 % |
Net Profit | Rs. 15.72 Cr | Rs. 36.25 Cr | Rs. 5.44 Cr | -84.99 % | -65.39 % |
EPS in Rs | Rs. 3.17 | Rs. 7.31 | Rs. 1.1 | -84.95 % | -65.3 % |
In reviewing GOCL Corporation Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -21.76 % year-on-year, although there was a slight dip of -26.7 % from the previous quarter. Expenses decreased by -6.08 % compared to the previous year, with a decrease of -20.52 % quarter-on-quarter. Operating Profit dropped by -331.39 % annually, and saw a -94.76 % decrease from the last quarter.
Net Profit showed yearly decrease of -65.39 %, and experienced a -84.99 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -65.3 % annually, however dipped by -84.95 % compared to the last quarter. In essence, while GOCL Corporation Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”GOCL Corporation Limited”]