Q1 Result : GTPL Hathway, GNA Axles, DRS Systems !!

GTPL Hathway’s Q1 Financial Results for 2024-2025

GTPL Hathway Limited has announced its financial results for the first quarter of 2024-2025. The company’s financial performance for the quarter has been negative, with a decline in key indicators ³. Here are some key highlights:

• Total Income: Rs. 543.29 crores ⁴
• EBIT: Rs. 25.37 crores ⁴
• PAT: Rs. 15.02 crores ⁴
• Profit Before Tax (PBT): Rs. 14.50 crores, a decline of 65.09% year-on-year ³
• Profit After Tax (PAT): Rs. 14.29 crores, a decline of 60.2% year-on-year ³

Additional Information

• The company’s stock has been rated as ‘Sell’ by MarketsMOJO due to its declining financial performance ³.
• GTPL Hathway Limited is the largest Multi-System Operator and a leading Private Broadband Service provider in India ⁵.

GNA Axles Q1 Results for 2024

GNA Axles has reported a decline in their Q1 results for 2024 ¹. The details are as follows:

• Decline in Profit Before Tax (PBT): PBT has fallen by 15.66% year on year to Rs 37.21 crore ¹.
• Decline in Profit After Tax (PAT): PAT has fallen by 16.2% year on year to Rs 27.76 crore ¹.
• Negative Performance: The company’s financial health has been negatively impacted, with a score of -10.
• Revenue Contraction: The company witnessed revenue contraction for the first time in the last 3 years, with sales de-growing by 4.78%.
• Employee and Interest Expenses: The company has spent less than 1% of its operating revenues towards interest expenses and 4.71% towards employee cost in the year ending March 31, 2024.

DRC Systems Q1 Results for 2024

• Net Profit: DRC Systems has announced a 246% year-over-year increase in net profit, amounting to INR 385 Lacs.
• Revenue Growth: The company has also reported a substantial revenue growth of 116%, with revenues totalling INR 1536 Lacs.
• Key Drivers: The growth has been driven by the company’s success in both domestic and international markets, along with the benefits of key government contracts, including the latest work order from the National Skill Development Corporation (NSDC) for the Skill India Digital Platform.
• Certification: DRC Systems has also achieved a significant milestone by earning the prestigious CMMI Level 3 Certification from the US-based CMMI Institute, opening up huge potential to bid for large government and corporate projects.
• International Growth: Internationally, the company has experienced continuous growth in the Middle-East, European Union, United Kingdom, and Australia, driven by increased outsourcing from these regions.
• Joint Venture: The company’s joint venture with UAE-based EZMS LLC FZ to offer Platform as a Service (PaaS) on a Low-Code No-Code (LCNC) platform has yielded lucrative long-term business opportunities in the Middle-East.
• Subsidiary: The company’s subsidiary, DRC Systems USA LLC, has begun contributing to international revenue, with expectations of further growth in the US market this year.

Disclaimer :- All the facts & the figure presented in the article are taken from internet and all the opinion presented in the article are authors personal opinion and this is not at all an investment suggestion. Before any buying and selling in the stock, please check with your investment advisor.