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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -1.06 % over the year, decrease in net sales/revenue by -14.44 %.
- 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 36.9 %. Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Significant improvement in profitability for Gujarat Gas Limited. Notable increase of 4.22 % in net profit Year to Year, Gujarat Gas Limited’s profitability dropped by -6.64 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 4.19 % Year to Year. EPS decreased by -6.67 % 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. 3991.15 Cr | Rs. 4614.83 Cr | Rs. 3948.65 Cr | -14.44 % | -1.06 % |
Expenses | Rs. 3494.53 Cr | Rs. 4079.19 Cr | Rs. 3434.49 Cr | -15.8 % | -1.72 % |
Operating Profit | Rs. 496.62 Cr | Rs. 535.64 Cr | Rs. 514.16 Cr | -4.01 % | + 3.53 % |
OPM % | 12.44 % | 11.61 % | 13.02 % | + 1.41 % | + 0.58 % |
Other Income | Rs. 28.16 Cr | Rs. 38.55 Cr | Rs. 38.55 Cr | + 0 % | + 36.9 % |
Interest | Rs. 7.79 Cr | Rs. 7.8 Cr | Rs. 7.95 Cr | + 1.92 % | + 2.05 % |
Depreciation | Rs. 117.92 Cr | Rs. 123.09 Cr | Rs. 129.54 Cr | + 5.24 % | + 9.85 % |
Profit before tax | Rs. 399.07 Cr | Rs. 443.3 Cr | Rs. 415.22 Cr | -6.33 % | + 4.05 % |
Tax % | 25.79 % | 25.61 % | 26.08 % | + 0.47 % | + 0.29 % |
Net Profit | Rs. 296.25 Cr | Rs. 330.71 Cr | Rs. 308.74 Cr | -6.64 % | + 4.22 % |
EPS in Rs | Rs. 4.3 | Rs. 4.8 | Rs. 4.48 | -6.67 % | + 4.19 % |
Today, we’re looking at Gujarat Gas 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 -1.06 %. However, it did see a marginal slip of -14.44 % from the previous quarter. Expenses decreased slightly by -15.8 % quarter-on-quarter, aligning with the annual decline of -1.72 %. Operating profit, while up 3.53 % compared to last year, faced a quarter-on-quarter dip of -4.01 %, 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 0.58 %, but an expansion of 1.41 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual growth of 36.9 %. Interest expenses surged remarkably by 1.92 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.05 %. Depreciation costs climbed by 5.24 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.85 %. Profit before tax grew annually by 4.05 % but saw a reduction from the preceding quarter by -6.33 %.
Tax expenses as a percentage of profits increased slightly by 0.29 % compared to last year, with a more notable quarter-on-quarter increase of 0.47 %. Net profit rose by 4.22 % year-on-year but witnessed a -6.64 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.19 % but a quarterly fall of -6.67 %. In summary, Gujarat Gas 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. 3991.15 Cr | Rs. 4614.83 Cr | Rs. 3948.65 Cr | -14.44 % | -1.06 % |
Expenses | Rs. 3494.53 Cr | Rs. 4079.19 Cr | Rs. 3434.49 Cr | -15.8 % | -1.72 % |
Operating Profit | Rs. 496.62 Cr | Rs. 535.64 Cr | Rs. 514.16 Cr | -4.01 % | + 3.53 % |
Net Profit | Rs. 296.25 Cr | Rs. 330.71 Cr | Rs. 308.74 Cr | -6.64 % | + 4.22 % |
EPS in Rs | Rs. 4.3 | Rs. 4.8 | Rs. 4.48 | -6.67 % | + 4.19 % |
In reviewing Gujarat Gas Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.06 % year-on-year, although there was a slight dip of -14.44 % from the previous quarter. Expenses decreased by -1.72 % compared to the previous year, with a decrease of -15.8 % quarter-on-quarter. Operating Profit surged by 3.53 % annually, and saw a -4.01 % decrease from the last quarter.
Net Profit showed yearly increase of 4.22 %, and experienced a -6.64 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 4.19 % annually, however dipped by -6.67 % compared to the last quarter. In essence, while Gujarat Gas 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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