GPT Infraprojects Reports Strong Financial Performance in Q1 FY25

GPT Infraprojects, a smallcap company in the capital goods industry, has recently announced its financial results for the quarter ending March 2024. According to the report released on July 31, 2024, the company has shown a very positive performance in terms of profits and sales.

The company’s Profit Before Tax less Other Income (PBT) for the quarter has grown by 120.57% year on year, reaching Rs 22.52 crore. This trend is expected to continue in the near term. Additionally, GPT Infraprojects has also shown a strong ability to manage interest payments, with its Operating Profit to Interest ratio being the highest in the last five quarters at 4.29 times.

The company’s Profit After Tax (PAT) for the quarter has also seen a significant growth, reaching Rs 16.19 crore, and has shown a positive trend in each of the last five quarters. The PAT has grown by 55.7% year on year, indicating a strong financial performance by GPT Infraprojects.

In terms of sales, the company has achieved its highest net sales of Rs 295.00 crore in the last five quarters, with a positive trend expected in the near term. The Operating Profit (PBDIT) for the quarter has also reached its highest at Rs 34.27 crore, showing a positive trend in the near term.

With a strong financial performance and increasing profitability, GPT Infraprojects has also created higher earnings for its shareholders, with the Earnings per Share (EPS) reaching its highest at Rs 2.78 in the last five quarters. Based on these factors, MarketsMOJO has given a ‘Hold’ call for GPT Infraprojects’ stock.