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- Gabriel India Q1 Results Total Income Up 17.47% YoY, Net Profit Rises 37.07%
Gabriel India Q1 Results Total Income Up 17.47% YoY, Net Profit Rises 37.07%
Gabriel India Q1 Results show a 17.47% YoY increase in total income to ₹9,528.79 million, and a 37.07% rise in net profit to ₹575.92 million, while Gabriel India Q1 Results also highlight a 17.33% increase in diluted EPS to ₹4.01.
by P Nandhini
Updated Aug 21, 2024
Table of Content
Gabriel India Q1 Results: Gabriel India announced its Q1 results on August 20, 2024, showcasing the company's total income reached ₹946.57 crore, marking a 17.47% increase from the same period last year.
This growth was driven by a rise in operating profit, which surged by 31.32% to ₹71.97 crore, compared to ₹54.80 crore in Q1 2023. The profit after tax also saw a significant boost of 37.07%, reaching ₹57.59 crore.
In terms of operational efficiency, Gabriel India achieved an operating margin of 7.60%, up from 6.81% in the previous quarter. The company's diluted normalized earnings per share (EPS) increased by 17.33% to ₹4.01, compared to ₹3.41 in the previous quarter.
This solid performance highlights Gabriel India's continued growth and strong position in the automotive industry.
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Gabriel India Q1 Results 2024 - 2025
Gabriel India has released its financial results for the first quarter of 2024-2025. The company reported strong growth in several key areas, reflecting a solid performance for the period. Below is a summary of the Q1 results:
| Particulars | Quarter Ended June 30, 2024 | Quarter Ended March 31, 2024 | Quarter Ended June 30, 2023 | Year Ended March 31, 2024 |
|---|---|---|---|---|
| Revenue from Operations | ₹9,465.72 Million | ₹9,169.77 Million | ₹8,057.68 Million | ₹34,026.26 Million |
| Other Income | ₹63.07 Million | ₹58.85 Million | ₹46.44 Million | ₹194.21 Million |
| Total Income | ₹9,528.79 Million | ₹9,228.63 Million | ₹8,104.12 Million | ₹34,220.47 Million |
| Expenses | ||||
| Cost of Materials Consumed | ₹6,778.44 Million | ₹6,912.30 Million | ₹5,974.58 Million | ₹25,311.64 Million |
| Purchases of Stock-in-Trade | ₹93.93 Million | ₹90.75 Million | ₹106.13 Million | ₹377.88 Million |
| Changes in Inventories | ₹152.12 Million | (₹93.84 Million) | (₹55.12 Million) | (₹171.85 Million) |
| Employee Benefits Expense | ₹602.08 Million | ₹559.39 Million | ₹496.66 Million | ₹2,123.47 Million |
| Depreciation and Amortisation Expense | ₹187.64 Million | ₹176.80 Million | ₹137.36 Million | ₹599.48 Million |
| Other Expenses | ₹931.86 Million | ₹896.33 Million | ₹850.06 Million | ₹3,459.10 Million |
| Finance Costs | ₹22.38 Million | ₹23.14 Million | ₹22.30 Million | ₹82.40 Million |
| Total Expenses | ₹8,768.45 Million | ₹8,564.88 Million | ₹7,531.97 Million | ₹31,782.12 Million |
| Profit Before Tax | ₹760.34 Million | ₹663.75 Million | ₹572.15 Million | ₹2,438.35 Million |
| Tax Expense | ₹189.27 Million | ₹198.94 Million | ₹153.26 Million | ₹671.81 Million |
| Net Profit After Tax | ₹575.92 Million | ₹490.41 Million | ₹420.16 Million | ₹1,787.47 Million |
| Other Comprehensive Income | (₹4.83 Million) | ₹2.94 Million | (₹29.60 Million) | (₹10.86 Million) |
| Total Comprehensive Income | ₹571.09 Million | ₹493.35 Million | ₹390.56 Million | ₹1,776.61 Million |
| Paid-up Equity Share Capital | ₹143.64 Million | ₹143.64 Million | ₹143.64 Million | ₹143.64 Million |
| Reserves | ₹9,877.88 Million | - | - | - |
| Earnings per Equity Share (Basic & Diluted) | ₹4.01 | ₹3.41 | ₹2.92 | ₹12.44 |
Source: Click Here
Gabriel India Q1 2024 Financial Results
Here’s a table showing Gabriel India's financial results for Q1 2024 with year-over-year (YoY) and quarter-over-quarter (QoQ) comparisons:
| Metric | Q1 2024 | QoQ Change | Q1 2023 | YoY Change |
|---|---|---|---|---|
| Revenue from Operations | ₹9,465.72 Million | +3.23% | ₹8,057.68 Million | +17.47% |
| Total Income | ₹9,528.79 Million | +3.24% | ₹8,104.12 Million | +17.54% |
| Cost of Materials | ₹6,778.44 Million | -1.93% | ₹5,974.58 Million | +13.47% |
| Employee Benefits Expense | ₹602.08 Million | +7.63% | ₹496.66 Million | +21.29% |
| Depreciation & Amortisation | ₹187.64 Million | +6.13% | ₹137.36 Million | +36.73% |
| Other Expenses | ₹931.86 Million | +3.98% | ₹850.06 Million | +9.61% |
| Profit Before Tax | ₹760.34 Million | +14.59% | ₹572.15 Million | +32.89% |
| Net Profit After Tax | ₹575.92 Million | +17.44% | ₹420.16 Million | +37.07% |
| Earnings per Share | ₹4.01 | +17.60% | ₹2.92 | +37.33% |
Gabriel India Current Market Overview
Gabriel India is currently trading at ₹532 per share with a market capitalization of ₹7,645 crore. The stock has seen a high of ₹550 and a low of ₹247 over its recent trading period. With a price-to-earnings ratio of 39.4, the company has a book value of ₹70.2 per share and offers a dividend yield of 0.75%.
Its return on capital employed (ROCE) stands at 26.7%, and the return on equity (ROE) is 19.6%. The stock is listed on the BSE under the code 505714 and on the NSE under the code GABRIEL.
| Metric | Value |
|---|---|
| Current Price | ₹532 |
| Market Capitalization | ₹7,645 Crore |
| High / Low Price | ₹550 / ₹247 |
| Stock P/E Ratio | 39.4 |
| Book Value | ₹70.2 |
| Dividend Yield | 0.75% |
| Return on Capital Employed (ROCE) | 26.7% |
| Return on Equity (ROE) | 19.6% |
| Face Value | ₹1.00 |
| BSE Code | 505714 |
| NSE Code | GABRIEL |
Quarterly Results
Here are Gabriel India's quarterly results for the periods ending December 2023, March 2024, and June 2024:
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales (₹ Cr.) | 814 | 859 | 864 |
| Expenses (₹ Cr.) | 744 | 781 | 786 |
| Operating Profit (₹ Cr.) | 70 | 78 | 78 |
| OPM (%) | 9% | 9% | 9% |
| Other Income (₹ Cr.) | 5 | 8 | 7 |
| Interest (₹ Cr.) | 1 | 1 | 1 |
| Depreciation (₹ Cr.) | 14 | 14 | 15 |
| Profit Before Tax (₹ Cr.) | 59 | 70 | 69 |
| Tax % | 28% | 25% | 26% |
| Net Profit (₹ Cr.) | 43 | 53 | 51 |
| EPS (₹) | 2.99 | 3.67 | 3.56 |
About Gabriel India
Gabriel India is a prominent player in the automotive industry, known for its production and supply of shock absorbers and suspension products. The company is a part of the Anand Group and has established a strong reputation for delivering high-quality products to the automotive sector.
Gabriel India’s operations include manufacturing a wide range of components that enhance vehicle safety and performance. With a focus on innovation and customer satisfaction, Gabriel India serves both domestic and international markets, contributing significantly to the automotive parts industry.
The company is committed to continuous improvement and maintaining its position as a leading supplier in the automotive sector.
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Gabriel India Q1 Results - FAQs
1. What is Gabriel India's total income for Q1 2024?
Gabriel India's total income for Q1 2024 is ₹9,528.79 million.
2. How much did Gabriel India's total income increase compared to Q1 2023?
Gabriel India's total income increased by 17.47% compared to Q1 2023.
3. What was the operating profit for Gabriel India in Q1 2024?
Gabriel India's operating profit for Q1 2024 was ₹71.97 crore.
4. What is Gabriel India's profit after tax (PAT) for Q1 2024?
Gabriel India's profit after tax for Q1 2024 is ₹57.59 crore.
5. How much did Gabriel India's PAT increase from Q1 2023?
Gabriel India's PAT increased by 37.07% from Q1 2023.
6. What was Gabriel India's operating margin in Q1 2024?
Gabriel India's operating margin in Q1 2024 was 7.60%.
7. What is the earnings per share (EPS) for Gabriel India in Q1 2024?
Gabriel India's EPS for Q1 2024 is ₹4.01.
8. When did Gabriel India announce its Q1 results for 2024?
Gabriel India announced its Q1 results on August 20, 2024.
9. What was the total expense for Gabriel India in Q1 2024?
Gabriel India's total expenses for Q1 2024 were ₹8,768.45 million.
10. What was Gabriel India's profit before tax (PBT) for Q1 2024?
Gabriel India's profit before tax for Q1 2024 was ₹760.34 million.