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GTN Industries : Q4 2024 Financial Quarterly Report : YoY Sales Down 7.97 %, QoQ Down 14.32 %

July 1, 2024July 1, 2024| adminadmin| 0 Comments| 2:50 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -7.97 % over the year, decrease in net sales/revenue by -14.32 %.
  • 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 195.24 %. Marginal increase in other income during this quarter, up by 185.71%.
  • Profit over the Year and quarter: Significant improvement in profitability for GTN Industries Limited. Notable increase of 11.36 % in net profit Year to Year, GTN Industries Limited’s profitability dropped by -23.44 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 12.00 % Year to Year. EPS decreased by -22.94 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of GTN Industries Limited”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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 43.81 Cr Rs. 47.06 Cr Rs. 40.32 Cr -14.32 % -7.97 %
Expenses Rs. 44.52 Cr Rs. 47.81 Cr Rs. 40.89 Cr -14.47 % -8.15 %
Operating Profit Rs. -0.71 Cr Rs. -0.75 Cr Rs. -0.57 Cr + 24 % + 19.72 %
OPM % -1.62 % -1.59 % -1.41 % + 0.18 % + 0.21 %
Other Income Rs. -0.42 Cr Rs. 0.14 Cr Rs. 0.4 Cr + 185.71 % + 195.24 %
Interest Rs. 1.59 Cr Rs. 0.84 Cr Rs. 1.02 Cr + 21.43 % -35.85 %
Depreciation Rs. 0.82 Cr Rs. 0.94 Cr Rs. 0.93 Cr -1.06 % + 13.41 %
Profit before tax Rs. -3.54 Cr Rs. -2.39 Cr Rs. -2.12 Cr + 11.3 % + 40.11 %
Tax % -40.54 % -19.67 % -30.66 % -10.99 % + 9.88 %
Net Profit Rs. -1.32 Cr Rs. -1.92 Cr Rs. -1.47 Cr + 23.44 % -11.36 %
EPS in Rs Rs. -0.75 Rs. -1.09 Rs. -0.84 + 22.94 % -12 %


Today, we’re looking at GTN Industries Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -7.97 %. However, it did see a marginal slip of -14.32 % from the previous quarter. Expenses decreased slightly by -14.47 % quarter-on-quarter, aligning with the annual decline of -8.15 %. Operating profit, while up 19.72 % compared to last year, faced a quarter-on-quarter increase of 24 %, 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 0.21 %, but an expansion of 0.18 % sequentially. Other income rose by 185.71 % compared to the last quarter, despite an annual growth of 195.24 %. Interest expenses surged remarkably by 21.43 % from the previous quarter, yet the year-over-year decrease remains at a moderate -35.85 %. Depreciation costs fell by -1.06 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.41 %. Profit before tax grew annually by 40.11 % but saw an increase from the preceding quarter by 11.3 %.
Tax expenses as a percentage of profits increased slightly by 9.88 % compared to last year, with a more notable quarter-on-quarter decrease of -10.99 %. Net profit fell by -11.36 % year-on-year but experienced a 23.44 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -12 % but a quarterly rise of 22.94 %. In summary, GTN Industries 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. 43.81 Cr Rs. 47.06 Cr Rs. 40.32 Cr -14.32 % -7.97 %
Expenses Rs. 44.52 Cr Rs. 47.81 Cr Rs. 40.89 Cr -14.47 % -8.15 %
Operating Profit Rs. -0.71 Cr Rs. -0.75 Cr Rs. -0.57 Cr + 24 % + 19.72 %
Net Profit Rs. -1.32 Cr Rs. -1.92 Cr Rs. -1.47 Cr + 23.44 % -11.36 %
EPS in Rs Rs. -0.75 Rs. -1.09 Rs. -0.84 + 22.94 % -12 %


In reviewing GTN Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.97 % year-on-year, although there was a slight dip of -14.32 % from the previous quarter. Expenses decreased by -8.15 % compared to the previous year, with a decrease of -14.47 % quarter-on-quarter. Operating Profit surged by 19.72 % annually, and saw a 24 % increase from the last quarter.
Net Profit showed yearly decrease of -11.36 %, and experienced a 23.44 % increase from the previous quarter. Earnings Per Share (EPS) fell by -12 % annually, however rose by 22.94 % compared to the last quarter. In essence, while GTN Industries 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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