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Share the post "Gopal Iron & Steels Co(Gujarat) Lt’s Latest Q1 Report: Profit Up by 500% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: substantial increase in net sales/revenue by 423.81 %.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0 Cr | Rs. 0.294 Cr | Rs. 1.54 Cr | + 423.81 % | 0 % |
| Expenses | Rs. 0.01 Cr | Rs. 0.35 Cr | Rs. 1.5 Cr | + 328.57 % | + 14900 % |
| Operating Profit | Rs. -0.01 Cr | Rs. -0.06 Cr | Rs. 0.04 Cr | + 166.67 % | + 500 % |
| OPM % | 0 % | -20.41 % | 2.6 % | + 23.01 % | + 2.6 % |
| Other Income | Rs. 0 Cr | Rs. 0.051 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.01 Cr | Rs. -0.01 Cr | Rs. 0.04 Cr | + 500 % | + 500 % |
| Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -0.01 Cr | Rs. 0 Cr | Rs. 0.04 Cr | 0 % | + 500 % |
| EPS in Rs | Rs. -0.01 | Rs. 0 | Rs. 0.08 | 0 % | + 900 % |
Today, we’re looking at Gopal Iron & Steels Co.(Gujarat) Lt’s financial performance for the Q1(Jun 2024).However, it did see a marginal increase of 423.81 % from the previous quarter. Expenses ticked up slightly by 328.57 % quarter-on-quarter, aligning with the annual rise of 14900 %. Operating profit, while up 500 % compared to last year, faced a quarter-on-quarter increase of 166.67 %, 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 2.6 %, but an expansion of 23.01 % sequentially. Profit before tax grew annually by 500 % but saw an increase from the preceding quarter by 500 %.
Net profit rose by 500 % year-on-year And finally, Earnings Per Share (EPS) displayed an annual uptick of 900 % In summary, Gopal Iron & Steels Co.(Gujarat) Lt’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. 0 Cr | Rs. 0.294 Cr | Rs. 1.54 Cr | + 423.81 % | 0 % |
| Expenses | Rs. 0.01 Cr | Rs. 0.35 Cr | Rs. 1.5 Cr | + 328.57 % | + 14900 % |
| Operating Profit | Rs. -0.01 Cr | Rs. -0.06 Cr | Rs. 0.04 Cr | + 166.67 % | + 500 % |
| Net Profit | Rs. -0.01 Cr | Rs. 0 Cr | Rs. 0.04 Cr | 0 % | + 500 % |
| EPS in Rs | Rs. -0.01 | Rs. 0 | Rs. 0.08 | 0 % | + 900 % |
In reviewing Gopal Iron & Steels Co.(Gujarat) Lt’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.however, there was a minor increase of 423.81 % from the previous quarter. Expenses rose by 14900 % compared to the previous year, with a 328.57 % increase quarter-on-quarter. Operating Profit surged by 500 % annually, and saw a 166.67 % increase from the last quarter.
Net Profit showed yearly increase of 500 %, Earnings Per Share (EPS) rose by 900 % annually, In essence, while Gopal Iron & Steels Co.(Gujarat) Lt exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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