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GG Automotive Gears - Quaterly Results

23 May 2024 Evaluate
The sales surged to Rs. 293.70 millions, up 30.54% for the March 2024 quarter as against Rs. 224.98 millions during the corresponding quarter previous year.The Net Profit of the company vaulted to 116.03% to Rs. 12.40  millions from Rs. 5.74 millions in the previous quarter.Operating profit surged to 43.81 millions from the corresponding previous quarter of 20.50 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 293.70 224.98 30.54 952.82 772.76 23.30 952.82 772.76 23.30
Other Income 1.61 2.39 -32.64 4.33 3.72 16.40 4.33 3.72 16.40
PBIDT 43.81 20.50 113.71 124.83 80.28 55.49 124.83 80.28 55.49
Interest 6.66 7.65 -12.94 22.24 26.26 -15.31 22.24 26.26 -15.31
PBDT 37.15 12.85 189.11 102.59 54.02 89.91 102.59 54.02 89.91
Depreciation 10.54 10.37 1.64 39.06 35.87 8.89 39.06 35.87 8.89
PBT 26.61 2.48 972.98 63.53 18.15 250.03 63.53 18.15 250.03
TAX 14.21 -3.26 -535.89 19.22 -1.26 -1625.40 19.22 -1.26 -1625.40
Deferred Tax 8.25 4.80 71.88 8.25 4.80 71.88 8.25 4.80 71.88
PAT 12.40 5.74 116.03 44.31 19.41 128.28 44.31 19.41 128.28
Equity 83.31 79.19 5.20 83.31 79.19 5.20 83.31 79.19 5.20
PBIDTM(%) 14.92 9.11 63.70 13.10 10.39 26.11 13.10 10.39 26.11
Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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