Share the post "Gujarat Mineral Development Corporation ‘s Q3 2024-25 Latest News: Profit Up by 26.39% Year-on-Year"
Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 15.8 % in the past year, substantial increase in net sales/revenue by 10.19 %. 🔹 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 90.07 %. Marginal increase in other income during this quarter, up by 83.52%. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Gujarat Mineral Development Corporation Limited. Notable increase of 26.39 % in net profit Year to Year, Gujarat Mineral Development Corporation Limited’s profitability increased by 15.49 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 26.43 % Year to Year. EPS increased by 15.42 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 564.267 Cr | Rs. 593.01 Cr | Rs. 653.42 Cr | + 10.19 % | + 15.8 % |
Expenses | Rs. 443.73 Cr | Rs. 452.57 Cr | Rs. 561.5 Cr | + 24.07 % | + 26.54 % |
Operating Profit | Rs. 120.54 Cr | Rs. 140.44 Cr | Rs. 91.92 Cr | -34.55 % | -23.74 % |
OPM % | 21.36 % | 23.68 % | 14.07 % | -9.61 % | -7.29 % |
Other Income | Rs. 60.242 Cr | Rs. 62.39 Cr | Rs. 114.5 Cr | + 83.52 % | + 90.07 % |
Interest | Rs. 0.56 Cr | Rs. 0.7 Cr | Rs. 0.7 Cr | + 0 % | + 25 % |
Depreciation | Rs. 19.86 Cr | Rs. 20.92 Cr | Rs. 26.43 Cr | + 26.34 % | + 33.08 % |
Profit before tax | Rs. 160.36 Cr | Rs. 181.21 Cr | Rs. 179.29 Cr | -1.06 % | + 11.8 % |
Tax % | 27.04 % | 29.3 % | 17.61 % | -11.69 % | -9.43 % |
Net Profit | Rs. 116.83 Cr | Rs. 127.86 Cr | Rs. 147.66 Cr | + 15.49 % | + 26.39 % |
EPS in Rs | Rs. 3.67 | Rs. 4.02 | Rs. 4.64 | + 15.42 % | + 26.43 % |
Today, we’re looking at Gujarat Mineral Development Corporation Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 15.8 %. However, it did see a marginal increase of 10.19 % from the previous quarter. Expenses ticked up slightly by 24.07 % quarter-on-quarter, aligning with the annual rise of 26.54 %. Operating profit, while down -23.74 % compared to last year, faced a quarter-on-quarter dip of -34.55 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -7.29 %, but a shrinkage of -9.61 % sequentially. Other income rose by 83.52 % compared to the last quarter, despite an annual growth of 90.07 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 25 %. Depreciation costs climbed by 26.34 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.08 %. Profit before tax grew annually by 11.8 % but saw a reduction from the preceding quarter by -1.06 %.
Tax expenses as a percentage of profits decreased slightly by -9.43 % compared to last year, with a more notable quarter-on-quarter decrease of -11.69 %. Net profit rose by 26.39 % year-on-year but experienced a 15.49 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 26.43 % but a quarterly rise of 15.42 %. In summary, Gujarat Mineral Development Corporation 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. 564.267 Cr | Rs. 593.01 Cr | Rs. 653.42 Cr | + 10.19 % | + 15.8 % |
Expenses | Rs. 443.73 Cr | Rs. 452.57 Cr | Rs. 561.5 Cr | + 24.07 % | + 26.54 % |
Operating Profit | Rs. 120.54 Cr | Rs. 140.44 Cr | Rs. 91.92 Cr | -34.55 % | -23.74 % |
Net Profit | Rs. 116.83 Cr | Rs. 127.86 Cr | Rs. 147.66 Cr | + 15.49 % | + 26.39 % |
EPS in Rs | Rs. 3.67 | Rs. 4.02 | Rs. 4.64 | + 15.42 % | + 26.43 % |
In reviewing Gujarat Mineral Development Corporation Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.8 % year-on-year growth, however, there was a minor increase of 10.19 % from the previous quarter. Expenses rose by 26.54 % compared to the previous year, with a 24.07 % increase quarter-on-quarter. Operating Profit dropped by -23.74 % annually, and saw a -34.55 % decrease from the last quarter.
Net Profit showed yearly increase of 26.39 %, and experienced a 15.49 % increase from the previous quarter. Earnings Per Share (EPS) rose by 26.43 % annually, however rose by 15.42 % compared to the last quarter. In essence, while Gujarat Mineral Development Corporation 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.