Gabriel India Ltd reports Rs. 46.95 crores PAT in Q2 FY24

Gabriel India Limited has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 869.031 crores during the period ended September 30, 2023 as compared to Rs. 810.876 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 46.952 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 42.489 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 3.27 for the period ended September 30, 2023 as compared to Rs. 2.96 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 869.031 crs	₹810.876 crs	7.17%
Net Profit	₹46.952 crs	₹42.489 crs	10.50%
EPS	₹3.27	₹2.96	10.47%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 869.031 crores during the period ended September 30, 2023 as compared to Rs.806.246 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.46.952 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.36.565 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.3.27 for the period ended September 30, 2023 as compared to Rs.2.55 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 869.031 crs	₹806.246 crs	7.79%
Net Profit	₹46.952 crs	₹36.565 crs	28.41%
EPS	₹3.27	₹2.55	28.24%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1679.895 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1532.856 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.89.440 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.69.471 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.6.23 for the 6 Months period ended September 30, 2023 as compared to Rs.4.84 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹1679.895 crs	₹1532.856 crs	9.59%
Net Profit	₹89.440 crs	₹69.471 crs	28.74%
EPS	₹6.23	₹4.84	28.72%

Shares of Gabriel India Limited was last trading in BSE at Rs. 340.85 as compared to the previous close of Rs. 333.15. The total number of shares traded during the day was 36947 in over 1248 trades.

The stock hit an intraday high of Rs. 344.60 and intraday low of 333.30. The net turnover during the day was Rs. 12527190.00.

Source : Equity Bulls

Keywords

GabrielIndia Q2FY24 H1FY24 ResultUpdate