Gujarat Industries Power Co's Q1 FY25 financials show mixed results, advised to hold position

Aug 12 2024 09:01 PM IST
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Gujarat Industries Power Co, a smallcap company in the power industry, reported its financial results for the quarter ending June 2024. While the company's financial score has fallen in the last 3 months, there has been a positive growth in Profit Before Tax and Profit After Tax. However, Net Sales have decreased. Investors are advised to hold their position in the company's stock.

Gujarat Industries Power Co, a smallcap company in the power industry, recently announced its financial results for the quarter ending June 2024. According to the stock call by MarketsMOJO, the company’s performance has been rated as ‘Hold’.

The company’s financial score has fallen from 7 to 4 in the last 3 months, indicating a flat performance. However, there are some positive aspects to the financials of Guj Inds. Power for the quarter Jun 2024.


The company’s Profit Before Tax (PBT) less Other Income has shown a growth of 47.7% over the average PBT of the previous four quarters. This is a very positive trend in the near term. Similarly, the Profit After Tax (PAT) for the quarter has been the highest in the last five quarters, with a positive trend in the near term.


The company’s Earnings per Share (EPS) for the quarter have also been the highest in the last five quarters, indicating increasing profitability and higher earnings for shareholders.


However, the Net Sales for the quarter have fallen by -5.1% compared to the average of the previous four quarters. This shows a negative trend in the near term for sales.


Overall, Gujarat Industries Power Co’s financial performance for the quarter Jun 2024 has been mixed, with some positive and negative aspects. Investors are advised to hold their position in the company’s stock, as recommended by MarketsMOJO.


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