GOCL Corporation Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- GOCL Corporation Ltd reported a 76.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 42.9%.
- Its expenses for the quarter were up by 16.6% QoQ and down 1.9% YoY.
- The net profit increased 1598.5% QoQ and increased 498.4% YoY.
- The earnings per share (EPS) of GOCL Corporation Ltd stood at 18.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 328.24 | 186.28 | 229.66 | 76.2% | 42.9% |
Total Expenses | 211.81 | 181.58 | 215.96 | 16.6% | -1.9% |
Profit Before Tax | 108.38 | 7.04 | 19.33 | 1439.5% | 460.7% |
Tax | 15.98 | 1.60 | 3.89 | 898.8% | 310.8% |
Profit After Tax | 92.40 | 5.44 | 15.44 | 1598.5% | 498.4% |
Earnings Per Share | 18.60 | 1.10 | 3.10 | 1590.9% | 500.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
GOCL Corporation Ltd is a diversified company involved in various sectors, including industrial explosives, energy systems, and real estate. Historically, the company has focused on manufacturing and supplying explosives and initiating systems for the mining and infrastructure sectors. In recent years, GOCL has expanded its business interests to include real estate development, showcasing its adaptability and strategic diversification. Although specific recent developments were not provided, the company continues to leverage its core competencies in the industrial sector while exploring growth opportunities in other areas.
Revenue
In the third quarter of FY25, GOCL Corporation Ltd reported total income of ₹328.24 crores, marking a significant increase of 76.2% from the previous quarter's income of ₹186.28 crores. Compared to the same quarter in the previous fiscal year (Q3FY24), there was a 42.9% increase from ₹229.66 crores. This substantial year-over-year growth reflects the company's expanding revenue base. The total income appears to be driven by the company's diverse business operations and possibly enhanced market conditions.
Profitability
The company achieved a notable improvement in profitability during Q3FY25, with a profit before tax of ₹108.38 crores, a dramatic increase from ₹7.04 crores in the previous quarter and from ₹19.33 crores in Q3FY24. This represents a quarter-over-quarter increase of 1439.5% and a year-over-year rise of 460.7%. After accounting for taxes, the profit after tax for Q3FY25 stood at ₹92.40 crores, compared to ₹5.44 crores in Q2FY25 and ₹15.44 crores in Q3FY24, reflecting increases of 1598.5% QoQ and 498.4% YoY. This surge in profitability is also reflected in the earnings per share, which rose to ₹18.60 from ₹1.10 in the previous quarter and ₹3.10 in the same quarter last year, showing respective increases of 1590.9% and 500.0%.
Operating Metrics
GOCL Corporation Ltd's total expenses for Q3FY25 were ₹211.81 crores, an increase of 16.6% from ₹181.58 crores in Q2FY25, but a slight decrease of 1.9% from ₹215.96 crores in Q3FY24. This indicates careful management of operational costs despite the increase in revenue. The significant rise in profitability, despite the increase in expenses compared to the last quarter, suggests improved operational efficiency. However, specific operational metrics such as the P/E ratio, debt-to-equity ratio, and current ratio were not provided, so such ratios cannot be calculated from the given data. Nonetheless, the substantial increase in profit margins suggests effective cost management and revenue generation during this period.
