GTV Engineering Reports Strong Q4 Growth Amid Declining Half-Year Net Sales
GTV Engineering has announced its financial results for the quarter ending December 2024, highlighting significant growth in key metrics. Profit Before Tax reached Rs 5.47 crore, up 112.84% year-on-year, while Profit After Tax rose to Rs 4.23 crore, marking a 148.8% increase. Operating profit also hit a five-quarter high.
GTV Engineering has recently reported its financial results for the quarter ending December 2024, showcasing a notably positive performance in several key areas. The company has experienced a significant adjustment in its evaluation, with its score rising to 20 from 2 over the past three months. The financial highlights reveal a robust growth trajectory, particularly in Profit Before Tax less Other Income (PBT), which reached Rs 5.47 crore, reflecting a year-on-year growth of 112.84%. Similarly, Profit After Tax (PAT) surged to Rs 4.23 crore, marking an impressive increase of 148.8% year-on-year. The operating profit also reached its highest level in five quarters at Rs 5.73 crore, indicating enhanced operational efficiency, as evidenced by an operating profit margin of 23.74%.
While GTV Engineering's financial results exhibit strong profitability metrics, it is important to note that net sales for the half-year period have shown a decline of 31.55% year-on-year. This aspect may warrant further examination as the company moves forward.
For those interested in the latest updates on GTV Engineering's performance, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
