Gagan Gases Reports Strong Profit Growth Amid Debt Collection Challenges in December 2024 Results

Gagan Gases, a player in the Industrial Gases & Fuels sector, has recently reported its financial results for the quarter ending December 2024. The announcement, made on February 12, 2025, highlights several noteworthy trends in the company's performance.
The financial results indicate that Gagan Gases achieved its highest operating profit in the last five quarters, reaching Rs 0.12 crore. Similarly, the profit before tax (PBT) also peaked at Rs 0.10 crore, while profit after tax (PAT) reached Rs 0.09 crore, marking a positive trajectory in profitability metrics. Additionally, earnings per share (EPS) stood at Rs 0.20, reflecting an increase in earnings for shareholders.

However, the company faces challenges as evidenced by its debtors turnover ratio, which has reached its lowest point at 5.57 times over the last five half-yearly periods. This suggests a slowdown in the pace of settling debts.

Overall, Gagan Gases has experienced evaluation changes in its financial performance, with a consistent score over the past three months.

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