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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’s sales declined by -47.21 % over the year, decrease in net sales/revenue by -27.9 %.
- 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 33.33 %. Marginal increase in other income during this quarter, up by 700%.
- Profit over the Year and quarter: Significant improvement in profitability for GTV Engineering Limited. Notable increase of 22.77 % in net profit Year to Year, GTV Engineering Limited’s profitability dropped by -15.77 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 22.59 % Year to Year. EPS decreased by -15.75 % 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. 44.629 Cr | Rs. 32.68 Cr | Rs. 23.561 Cr | -27.9 % | -47.21 % |
Expenses | Rs. 43.42 Cr | Rs. 30.54 Cr | Rs. 21.62 Cr | -29.21 % | -50.21 % |
Operating Profit | Rs. 1.21 Cr | Rs. 2.14 Cr | Rs. 1.94 Cr | -9.35 % | + 60.33 % |
OPM % | 2.71 % | 6.55 % | 8.23 % | + 1.68 % | + 5.52 % |
Other Income | Rs. 0.006 Cr | Rs. 0.001 Cr | Rs. 0.008 Cr | + 700 % | + 33.33 % |
Interest | Rs. 0.03 Cr | Rs. 0.09 Cr | Rs. 0.14 Cr | + 55.56 % | + 366.67 % |
Depreciation | Rs. 0.24 Cr | Rs. 0.22 Cr | Rs. 0.21 Cr | -4.55 % | -12.5 % |
Profit before tax | Rs. 0.95 Cr | Rs. 1.83 Cr | Rs. 1.6 Cr | -12.57 % | + 68.42 % |
Tax % | 0 % | 24.95 % | 28.3 % | + 3.35 % | + 28.3 % |
Net Profit | Rs. 0.94 Cr | Rs. 1.37 Cr | Rs. 1.15 Cr | -16.06 % | + 22.34 % |
EPS in Rs | Rs. 3.01 | Rs. 4.38 | Rs. 3.69 | -15.75 % | + 22.59 % |
Today, we’re looking at GTV Engineering Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -47.21 %. However, it did see a marginal slip of -27.9 % from the previous quarter. Expenses decreased slightly by -29.21 % quarter-on-quarter, aligning with the annual decline of -50.21 %. Operating profit, while up 60.33 % compared to last year, faced a quarter-on-quarter dip of -9.35 %, 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 5.52 %, but an expansion of 1.68 % sequentially. Other income rose by 700 % compared to the last quarter, despite an annual growth of 33.33 %. Interest expenses surged remarkably by 55.56 % from the previous quarter, yet the year-over-year increase remains at a moderate 366.67 %. Depreciation costs fell by -4.55 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -12.5 %. Profit before tax grew annually by 68.42 % but saw a reduction from the preceding quarter by -12.57 %.
Tax expenses as a percentage of profits increased slightly by 28.3 % compared to last year, with a more notable quarter-on-quarter increase of 3.35 %. Net profit rose by 22.34 % year-on-year but witnessed a -16.06 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.59 % but a quarterly fall of -15.75 %. In summary, GTV 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. 44.629 Cr | Rs. 32.68 Cr | Rs. 23.561 Cr | -27.9 % | -47.21 % |
Expenses | Rs. 43.42 Cr | Rs. 30.54 Cr | Rs. 21.62 Cr | -29.21 % | -50.21 % |
Operating Profit | Rs. 1.21 Cr | Rs. 2.14 Cr | Rs. 1.94 Cr | -9.35 % | + 60.33 % |
Net Profit | Rs. 0.94 Cr | Rs. 1.37 Cr | Rs. 1.15 Cr | -16.06 % | + 22.34 % |
EPS in Rs | Rs. 3.01 | Rs. 4.38 | Rs. 3.69 | -15.75 % | + 22.59 % |
In reviewing GTV Engineering Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -47.21 % year-on-year, although there was a slight dip of -27.9 % from the previous quarter. Expenses decreased by -50.21 % compared to the previous year, with a decrease of -29.21 % quarter-on-quarter. Operating Profit surged by 60.33 % annually, and saw a -9.35 % decrease from the last quarter.
Net Profit showed yearly increase of 22.34 %, and experienced a -16.06 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 22.59 % annually, however dipped by -15.75 % compared to the last quarter. In essence, while GTV Engineering 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.
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