Share the post "GTL announced Financial Results Q1 2024-25"
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 36.75 % in the past year, decrease in net sales/revenue by -4 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.65 %, Marginal decrease of -99.31% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for GTL Limited. Notable increase of 165.49 % in net profit Year to Year, GTL Limited’s profitability dropped by -90.53 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 164.52 % Year to Year. EPS decreased by -90.53 % 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. 46.114 Cr | Rs. 65.688 Cr | Rs. 63.06 Cr | -4 % | + 36.75 % |
Expenses | Rs. 35.52 Cr | Rs. 30.88 Cr | Rs. 33.51 Cr | + 8.52 % | -5.66 % |
Operating Profit | Rs. 10.59 Cr | Rs. 34.81 Cr | Rs. 29.55 Cr | -15.11 % | + 179.04 % |
OPM % | 22.96 % | 52.99 % | 46.86 % | -6.13 % | + 23.9 % |
Other Income | Rs. 2.303 Cr | Rs. 110.878 Cr | Rs. 0.768 Cr | -99.31 % | -66.65 % |
Interest | Rs. 6.84 Cr | Rs. 7.65 Cr | Rs. 8.24 Cr | + 7.71 % | + 20.47 % |
Depreciation | Rs. 1.2 Cr | Rs. 1.84 Cr | Rs. 2.97 Cr | + 61.41 % | + 147.5 % |
Profit before tax | Rs. 4.85 Cr | Rs. 136.2 Cr | Rs. 19.11 Cr | -85.97 % | + 294.02 % |
Tax % | 0 % | 0 % | 32.54 % | + 32.54 % | + 32.54 % |
Net Profit | Rs. 4.86 Cr | Rs. 136.2 Cr | Rs. 12.9 Cr | -90.53 % | + 165.43 % |
EPS in Rs | Rs. 0.31 | Rs. 8.66 | Rs. 0.82 | -90.53 % | + 164.52 % |
Today, we’re looking at GTL Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 36.75 %. However, it did see a marginal slip of -4 % from the previous quarter. Expenses ticked up slightly by 8.52 % quarter-on-quarter, aligning with the annual decline of -5.66 %. Operating profit, while up 179.04 % compared to last year, faced a quarter-on-quarter dip of -15.11 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 23.9 %, but a shrinkage of -6.13 % sequentially. Other income fell by -99.31 % compared to the last quarter, despite an annual decline of -66.65 %. Interest expenses surged remarkably by 7.71 % from the previous quarter, yet the year-over-year increase remains at a moderate 20.47 %. Depreciation costs climbed by 61.41 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 147.5 %. Profit before tax grew annually by 294.02 % but saw a reduction from the preceding quarter by -85.97 %.
Tax expenses as a percentage of profits increased slightly by 32.54 % compared to last year, with a more notable quarter-on-quarter increase of 32.54 %. Net profit rose by 165.43 % year-on-year but witnessed a -90.53 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 164.52 % but a quarterly fall of -90.53 %. In summary, GTL 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. 46.114 Cr | Rs. 65.688 Cr | Rs. 63.06 Cr | -4 % | + 36.75 % |
Expenses | Rs. 35.52 Cr | Rs. 30.88 Cr | Rs. 33.51 Cr | + 8.52 % | -5.66 % |
Operating Profit | Rs. 10.59 Cr | Rs. 34.81 Cr | Rs. 29.55 Cr | -15.11 % | + 179.04 % |
Net Profit | Rs. 4.86 Cr | Rs. 136.2 Cr | Rs. 12.9 Cr | -90.53 % | + 165.43 % |
EPS in Rs | Rs. 0.31 | Rs. 8.66 | Rs. 0.82 | -90.53 % | + 164.52 % |
In reviewing GTL Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 36.75 % year-on-year growth, although there was a slight dip of -4 % from the previous quarter. Expenses decreased by -5.66 % compared to the previous year, with a 8.52 % increase quarter-on-quarter. Operating Profit surged by 179.04 % annually, and saw a -15.11 % decrease from the last quarter.
Net Profit showed yearly increase of 165.43 %, and experienced a -90.53 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 164.52 % annually, however dipped by -90.53 % compared to the last quarter. In essence, while GTL Limited 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.
[my_shortcode1 values=”GTL “]