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GG Automotive Gears - Quaterly Results

07 Aug 2024 Evaluate
A fair growth of 15.40% in the revenue at Rs. 253.22 millions was reported in the June 2024 quarter as compared to Rs. 219.42 millions during year-ago period.Handsome Net Profit growth of 50.79% reported above the corresponding previous quarter figure of Rs. 12.35 millions to Rs. 8.19 millions.Operating profit surged to 33.50 millions from the corresponding previous quarter of 23.68 millions.


(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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