Ahmedabad, India | February 1, 2025 – Gopal Iron and Steels Company (Gujarat) Limited (BSE: 531913) has announced its unaudited financial results for the quarter ended December 31, 2024, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Financial Highlights (₹ in Lakhs)
| Particulars | Q3 FY2025 | Q2 FY2025 | Q3 FY2024 | 9M FY2025 | 9M FY2024 | FY2024 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 66.59 | 23.50 | 114.71 | 244.10 | 395.54 | 419.38 |
| Total Income | 66.59 | 23.50 | 114.71 | 244.13 | 395.54 | 430.03 |
| Total Expenses | 64.15 | 28.64 | 114.44 | 242.78 | 389.98 | 424.51 |
| Profit Before Tax (PBT) | 2.44 | -5.14 | 0.27 | 1.35 | 5.56 | 5.52 |
| Net Profit After Tax (PAT) | 2.44 | -5.14 | 0.27 | 1.35 | 5.56 | 5.52 |
| Earnings Per Share (EPS) | 0.05 | -0.10 | 0.01 | 0.03 | 0.11 | 0.11 |
Performance Overview
- Revenue Surge: The company reported a 183.3% increase in revenue QoQ to ₹66.59 lakh from ₹23.50 lakh in Q2 FY2025. However, YoY revenue declined 41.9% from ₹114.71 lakh in Q3 FY2024.
- Profitability Improved: The company turned profitable this quarter with a net profit of ₹2.44 lakh, recovering from a ₹5.14 lakh loss in Q2 FY2025.
- Stable Margins: Expenses remained largely controlled at ₹64.15 lakh, ensuring a modest profit growth despite revenue fluctuations.
Management Commentary
Mrs. Kundanben Patel, Managing Director of Gopal Iron and Steels Company (Gujarat) Limited, stated: "We have witnessed a strong recovery this quarter after a challenging Q2. Our focus remains on operational efficiency and maintaining a steady growth trajectory. With a stable business model, we anticipate consistent performance in the upcoming quarters."Strategic Insights & Market Positioning
- Segment Focus: The company operates in the trading of metals, as per Accounting Standard 17, with no other reportable segments.
- Financial Stability: The company maintains a stable equity base with a paid-up share capital of ₹491.71 lakh.
- Industry Outlook: Given the cyclical nature of the steel industry, the company is poised to capitalize on demand recovery in 2025.
Outlook
The company expects gradual revenue growth in the upcoming quarters, supported by market stabilization and effective cost management. Investors will be closely watching its ability to sustain profitability after the turnaround in Q3.For more details, visit www.gopaliron.com.
