Share the post "Gujarat Credit Corporation ‘s Q2 Report: Profit Decreases by 500% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Significant improvement in profitability for Gujarat Credit Corporation Ltd.. Notable increase of 445.45 % in net profit Year to Year, Gujarat Credit Corporation Ltd.’s profitability increased by 88.98 % in this quarter.
- EPS over the Year and quarter: EPS increased by 600.00 % Year to Year. EPS increased by 86.67 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.1 Cr | Rs. 0.12 Cr | Rs. 0.27 Cr | + 125 % | + 170 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.12 Cr | Rs. -0.27 Cr | -125 % | -170 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.063 Cr | Rs. 0 Cr | Rs. 0.035 Cr | 0 % | -44.44 % |
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. -0.04 Cr | Rs. -0.12 Cr | Rs. -0.24 Cr | -100 % | -500 % |
Tax % | 64.71 % | -2.82 % | 25 % | + 27.82 % | -39.71 % |
Net Profit | Rs. -0.04 Cr | Rs. -0.13 Cr | Rs. -0.24 Cr | -84.62 % | -500 % |
EPS in Rs | Rs. -0.04 | Rs. -0.15 | Rs. -0.28 | -86.67 % | -600 % |
Today, we’re looking at Gujarat Credit Corporation Ltd.’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 125 % quarter-on-quarter, aligning with the annual rise of 170 %. Operating profit, while down -170 % compared to last year, faced a quarter-on-quarter dip of -125 %, signaling a short-term contraction in margins.
despite an annual decline of -44.44 %. Profit before tax declined annually by -500 % but saw a reduction from the preceding quarter by -100 %.
Tax expenses as a percentage of profits decreased slightly by -39.71 % compared to last year, with a more notable quarter-on-quarter increase of 27.82 %. Net profit fell by -500 % year-on-year but witnessed a -84.62 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -600 % but a quarterly fall of -86.67 %. In summary, Gujarat Credit Corporation Ltd.’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 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.1 Cr | Rs. 0.12 Cr | Rs. 0.27 Cr | + 125 % | + 170 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.12 Cr | Rs. -0.27 Cr | -125 % | -170 % |
Net Profit | Rs. -0.04 Cr | Rs. -0.13 Cr | Rs. -0.24 Cr | -84.62 % | -500 % |
EPS in Rs | Rs. -0.04 | Rs. -0.15 | Rs. -0.28 | -86.67 % | -600 % |
In reviewing Gujarat Credit Corporation Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 170 % compared to the previous year, with a 125 % increase quarter-on-quarter. Operating Profit dropped by -170 % annually, and saw a -125 % decrease from the last quarter.
Net Profit showed yearly decrease of -500 %, and experienced a -84.62 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -600 % annually, however dipped by -86.67 % compared to the last quarter. In essence, while Gujarat Credit Corporation Ltd. faces strong annual decline 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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