Gravity (India) announced Financial Results Q1 2024-25

The comprehensive analytics outlining the performance and outlook of Gravity (India) Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Gravity (India) Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 52.74 %. However, it did see a marginal increase of 421.03 % from the previous quarter. Expenses decreased slightly by -70.89 % quarter-on-quarter, aligning with the annual rise of 82.8 %. Operating profit, while down -195 % compared to last year, faced a quarter-on-quarter increase of 89.52 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -25.51 %, but an expansion of 2577.93 % sequentially. Other income rose by 383.33 % compared to the last quarter, despite an annual growth of 383.33 %. Interest expenses surged remarkably by 25 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -14.29 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -123.33 % but saw an increase from the preceding quarter by 88.31 %.
with a more notable quarter-on-quarter increase of 34.9 %. Net profit fell by -120 % year-on-year but experienced a 82.31 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -121.21 % but a quarterly rise of 82.37 %. In summary, Gravity (India) Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Gravity (India) Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 52.74 % year-on-year growth, however, there was a minor increase of 421.03 % from the previous quarter. Expenses rose by 82.8 % compared to the previous year, with a decrease of -70.89 % quarter-on-quarter. Operating Profit dropped by -195 % annually, and saw a 89.52 % increase from the last quarter.
Net Profit showed yearly decrease of -120 %, and experienced a 82.31 % increase from the previous quarter. Earnings Per Share (EPS) fell by -121.21 % annually, however rose by 82.37 % compared to the last quarter. In essence, while Gravity (India) Ltd. faces strong annual decline 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.