Gabriel India Reports Strong Q3 Growth Amid Concerns Over Non-Operating Income Sustainability

Gabriel India, a midcap player in the auto ancillary sector, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable performance in several key areas. The Profit After Tax (PAT) reached Rs 60.11 crore, reflecting a year-on-year growth of 45.7%. Similarly, net sales amounted to Rs 1,016.57 crore, marking a 24.67% increase compared to the previous year. Additionally, the Profit Before Tax less Other Income (PBT) stood at Rs 69.07 crore, which is a 27.34% rise year-on-year. However, the company has experienced an adjustment in its evaluation, with its score declining to 15 from 20 over the past three months. A noteworthy aspect of the financials is the non-operating income, which peaked at Rs 9.46 crore, the highest in the last five quarters. This increase in income from non-business activities raises questions about its sustainability moving forward. Overall, Gabriel India’s recent financial results highlight a mix of positive growth trends alongside some areas of concern regarding income sources. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.