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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 44.33 % in the past year, substantial increase in net sales/revenue by 51.6 %.
- 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 4713.64 %. Marginal increase in other income during this quarter, up by 38.28%.
- Profit over the Year and quarter: Significant improvement in profitability for G G Engineering Limited. Notable increase of 1416.47 % in net profit Year to Year, G G Engineering Limited’s profitability dropped by -623.81 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 600.00 % Year to Year. EPS decreased by -800 % 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. 73.241 Cr | Rs. 69.731 Cr | Rs. 105.71 Cr | + 51.6 % | + 44.33 % |
Expenses | Rs. 71.95 Cr | Rs. 72.06 Cr | Rs. 92.43 Cr | + 28.27 % | + 28.46 % |
Operating Profit | Rs. 1.29 Cr | Rs. -2.33 Cr | Rs. 13.28 Cr | + 669.96 % | + 929.46 % |
OPM % | 1.76 % | -3.34 % | 12.56 % | + 15.9 % | + 10.8 % |
Other Income | Rs. -0.022 Cr | Rs. 0.734 Cr | Rs. 1.015 Cr | + 38.28 % | + 4713.64 % |
Interest | Rs. 0.25 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | -84 % |
Depreciation | Rs. 0 Cr | Rs. 0.14 Cr | Rs. 0.13 Cr | -7.14 % | 0 % |
Profit before tax | Rs. 1.02 Cr | Rs. -1.78 Cr | Rs. 14.13 Cr | + 893.82 % | + 1285.29 % |
Tax % | 25.81 % | -23.22 % | 19.11 % | + 42.33 % | -6.7 % |
Net Profit | Rs. 0.75 Cr | Rs. -2.18 Cr | Rs. 11.42 Cr | + 623.85 % | + 1422.67 % |
EPS in Rs | Rs. 0.02 | Rs. -0.01 | Rs. 0.07 | + 800 % | + 250 % |
Today, we’re looking at G G Engineering Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 44.33 %. However, it did see a marginal increase of 51.6 % from the previous quarter. Expenses ticked up slightly by 28.27 % quarter-on-quarter, aligning with the annual rise of 28.46 %. Operating profit, while up 929.46 % compared to last year, faced a quarter-on-quarter increase of 669.96 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 10.8 %, but an expansion of 15.9 % sequentially. Other income rose by 38.28 % compared to the last quarter, despite an annual growth of 4713.64 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -84 %. Depreciation costs fell by -7.14 % quarter-on-quarter, Profit before tax grew annually by 1285.29 % but saw an increase from the preceding quarter by 893.82 %.
Tax expenses as a percentage of profits decreased slightly by -6.7 % compared to last year, with a more notable quarter-on-quarter increase of 42.33 %. Net profit rose by 1422.67 % year-on-year but experienced a 623.85 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 250 % but a quarterly rise of 800 %. In summary, G G Engineering 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. 73.241 Cr | Rs. 69.731 Cr | Rs. 105.71 Cr | + 51.6 % | + 44.33 % |
Expenses | Rs. 71.95 Cr | Rs. 72.06 Cr | Rs. 92.43 Cr | + 28.27 % | + 28.46 % |
Operating Profit | Rs. 1.29 Cr | Rs. -2.33 Cr | Rs. 13.28 Cr | + 669.96 % | + 929.46 % |
Net Profit | Rs. 0.75 Cr | Rs. -2.18 Cr | Rs. 11.42 Cr | + 623.85 % | + 1422.67 % |
EPS in Rs | Rs. 0.02 | Rs. -0.01 | Rs. 0.07 | + 800 % | + 250 % |
In reviewing G G Engineering Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 44.33 % year-on-year growth, however, there was a minor increase of 51.6 % from the previous quarter. Expenses rose by 28.46 % compared to the previous year, with a 28.27 % increase quarter-on-quarter. Operating Profit surged by 929.46 % annually, and saw a 669.96 % increase from the last quarter.
Net Profit showed yearly increase of 1422.67 %, and experienced a 623.85 % increase from the previous quarter. Earnings Per Share (EPS) rose by 250 % annually, however rose by 800 % compared to the last quarter. In essence, while G G Engineering Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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