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GG Automotive Gears - Quaterly Results

07 Aug 2024 Evaluate
The Revenue for the quarter ended  June 2024 of Rs. 253.22 millions grew by 15.40 % from Rs. 219.42 millions.Profit after tax for the quarter ended June 2024 reported a huge growth of 50.79% to Rs. 12.35  millions from Rs. 8.19 millions.Operating Profit saw a handsome growth to 33.50 millions from 23.68 millions in the quarter ended June 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 253.22 219.42 15.40 253.22 219.42 15.40 952.82 772.76 23.30
Other Income 0.72 1.73 -58.38 0.72 1.73 -58.38 4.33 3.72 16.40
PBIDT 33.50 23.68 41.47 33.50 23.68 41.47 124.83 80.28 55.49
Interest 7.65 5.02 52.39 7.65 5.02 52.39 22.24 26.26 -15.31
PBDT 25.85 18.66 38.53 25.85 18.66 38.53 102.59 54.02 89.91
Depreciation 10.50 8.97 17.06 10.50 8.97 17.06 39.06 35.87 8.89
PBT 15.35 9.69 58.41 15.35 9.69 58.41 63.53 18.15 250.03
TAX 3.00 1.50 100.00 3.00 1.50 100.00 19.22 -1.26 -1625.40
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 8.25 4.80 71.88
PAT 12.35 8.19 50.79 12.35 8.19 50.79 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(%) 13.23 10.79 22.59 13.23 10.79 22.59 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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