GACM Technologies Reports Strong Financial Results for December Quarter, Signaling Growth Potential

Jan 31 2025 06:31 PM IST
share
Share Via
GACM Technologies has announced its financial results for the quarter ending December 2024, showcasing significant improvements in key metrics. The company reported net sales of Rs 7.18 crore, with profit before tax at Rs 1.39 crore and profit after tax at Rs 1.61 crore, reflecting enhanced operational efficiency.
GACM Technologies, a microcap player in the finance/NBFC sector, has recently reported its financial results for the quarter ending December 2024. The results indicate a significant shift in the company's financial standing, with notable improvements across various metrics.

For the half-yearly period, GACM Technologies achieved net sales of Rs 7.18 crore, reflecting a substantial year-on-year growth rate. The profit before tax, excluding other income, reached Rs 1.39 crore for the quarter, showcasing a remarkable increase compared to the previous year. Similarly, the profit after tax stood at Rs 1.61 crore, marking a significant rise in profitability.

The operating profit also reached its highest level in the last five quarters at Rs 1.79 crore, indicating a positive trend in operational efficiency. Additionally, earnings per share have increased to Rs 0.02, highlighting the company's ability to generate higher returns for its shareholders.

In light of these developments, GACM Technologies has undergone an adjustment in its evaluation, reflecting the positive financial trajectory observed in its recent performance.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News