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Gayatri Sugars Q1 Results Reports ₹1,973.16 Lakhs in Revenue and Net Loss of ₹1,768.83 Lakhs

Gayatri Sugars Q1 Results show a 91.2% QoQ drop in revenue to ₹1,973.16 lakhs and a net loss of ₹1,768.83 lakhs, compared to a profit last quarter, Gayatri Sugars Q1 Results also indicate a 19.7% rise in expenses.

by P Nandhini

Updated Aug 27, 2024

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Gayatri Sugars Q1 Results Reports ₹1,973.16 Lakhs in Revenue and Net Loss of ₹1,768.83 Lakhs

Gayatri Sugars Limited Q1 Results 2024 - 2025: Gayatri Sugars Limited released its financial results for the first quarter ending June 30, 2024, on August 27, 2024. The company reported a significant drop in revenue, with total income falling to ₹1,973.16 lakhs, down 91.2% compared to ₹22,498.62 lakhs in the previous quarter.

This sharp decline in revenue is attributed to lower sugar production and reduced operational efficiency across its units. The net loss for the quarter was ₹1,768.83 lakhs, a notable decrease from the profit of ₹3,361.65 lakhs reported in the previous quarter, reflecting a change of over 152% quarter-over-quarter.

The company’s expenses for the quarter also surged, totaling ₹3,741.99 lakhs, which is an increase of 19.7% from ₹19,136.97 lakhs in the previous quarter. Key factors contributing to this rise include higher costs for raw materials, increased finance costs, and elevated employee benefits expenses.

Despite these challenges, Gayatri Sugars continues to invest in expanding its operational capacities, with recent improvements to its Nizamsagar unit and ongoing efforts to enhance overall productivity.

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Gayatri Sugars Q1 Results 2024 - 2025

Gayatri Sugars Limited has announced its financial results for the first quarter ending June 30, 2024. The company has experienced a significant decline in revenue and an increase in expenses compared to the previous quarter. Below is a summary of the key figures from the Q1 2024 results:

Particulars Q1 2024 (Unaudited) Q4 2023 (Audited)
Revenue from Operations ₹1,971.27 lakhs ₹22,462.98 lakhs
Other Income ₹1.89 lakhs ₹35.64 lakhs
Total Income ₹1,973.16 lakhs ₹22,498.62 lakhs
Cost of Material Consumed ₹21.38 lakhs ₹12,271.78 lakhs
Purchase of Stock-in-Trade ₹175.27 lakhs ₹155.15 lakhs
Changes in Inventories ₹1,580.46 lakhs ₹3,362.56 lakhs
Employee Benefits Expense ₹582.90 lakhs ₹671.60 lakhs
Finance Costs ₹638.49 lakhs ₹524.14 lakhs
Depreciation and Amortization Expenses ₹169.65 lakhs ₹167.94 lakhs
Other Expenses ₹573.84 lakhs ₹1,983.80 lakhs
Total Expenses ₹3,741.99 lakhs ₹19,136.97 lakhs
Profit/(Loss) Before Tax ₹(1,768.83) lakhs ₹3,361.65 lakhs
Tax Expenses
Net Profit/(Loss) After Tax ₹(1,768.83) lakhs ₹3,361.65 lakhs
Other Comprehensive Income ₹(10.81) lakhs ₹(25.62) lakhs
Total Comprehensive Income ₹(1,779.64) lakhs ₹3,336.03 lakhs
Paid-Up Equity Share Capital ₹6,479.71 lakhs ₹6,479.71 lakhs
Earnings per Share (Basic) ₹(2.73) ₹5.19
Earnings per Share (Diluted) ₹(2.73) ₹2.83

Source: Click Here

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Gayatri Sugars Current Market Overview

Gayatri Sugars Ltd is currently trading at ₹23.8 per share with a market capitalization of ₹154 crore. The stock has fluctuated between a high of ₹29.4 and a low of ₹15.0 in recent times. It has a very high Price-to-Earnings (P/E) ratio of 770, indicating that the stock may be highly valued relative to its earnings.

The company's book value is negative at ₹-14.2, and it does not offer any dividend yield. Despite these factors, Gayatri Sugars boasts a strong Return on Capital Employed (ROCE) of 93.3%, reflecting the effective use of its capital.

Detail Value
Current Price ₹23.8
Market Cap ₹154 Crores
High / Low ₹29.4 / ₹15.0
Stock P/E Ratio 770
Book Value ₹-14.2
Dividend Yield 0.00%
Return on Capital Employed (ROCE) 93.3%
Face Value ₹10.0
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Quarterly Results

Here is a summary of Gayatri Sugars Ltd’s quarterly results for the most recent quarters:

For the quarters ending December 2023, March 2024, and June 2024, the company experienced fluctuations in financial performance. The operating profit showed variability, and the EPS also varied during these periods. Below is a detailed table highlighting the key figures for these quarters:

Metric Dec 2023 Mar 2024 Jun 2024
Sales ₹76 ₹225 ₹20
Expenses ₹65 ₹184 ₹29
Operating Profit ₹11 ₹40 -₹10
Operating Profit Margin (OPM %) 14% 18% -49%
Other Income ₹0 ₹0 ₹0
Interest ₹8 ₹5 ₹6
Depreciation ₹2 ₹2 ₹2
Profit Before Tax ₹1 ₹34 -₹18
Tax % 0% 0% 0%
Net Profit ₹1 ₹34 -₹18
EPS (₹) ₹0.20 ₹5.19 -₹2.73
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About Gayatri Sugars 

Gayatri Sugars Limited is a prominent company based in Hyderabad, India, specializing in the production of sugar, ethanol, and power. Founded in 1997, the company operates two major facilities in Telangana: the Kamareddy Unit and the Nizamsagar Unit.

Gayatri Sugars produces sugar from sugarcane, generates green power through co-generation, and manufactures ethanol, contributing to its diverse product range. Over the years, the company has expanded its capacities significantly and continues to focus on growth and sustainability within the sugar and energy sectors.

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Gayatri Sugars Q1 Results - FAQs

1. What is the total income reported by Gayatri Sugars for Q1 2024?  

Gayatri Sugars reported a total income of ₹1,973.16 lakhs for Q1 2024.

2. What was Gayatri Sugars' revenue from operations in Q1 2024?  

Gayatri Sugars' revenue from operations in Q1 2024 was ₹1,971.27 lakhs.

3. What was the net loss reported by Gayatri Sugars for Q1 2024?  

Gayatri Sugars reported a net loss of ₹1,768.83 lakhs for Q1 2024.

4. How much did Gayatri Sugars spend on employee benefits in Q1 2024?  

Gayatri Sugars spent ₹582.90 lakhs on employee benefits in Q1 2024.

5. What were the total expenses for Gayatri Sugars in Q1 2024?  

The total expenses for Gayatri Sugars in Q1 2024 were ₹3,741.99 lakhs.

6. What is the earnings per share (EPS) for Gayatri Sugars in Q1 2024?  

The earnings per share (EPS) for Gayatri Sugars in Q1 2024 were ₹(2.73) (Basic and Diluted).

7. How did Gayatri Sugars' total income in Q1 2024 compare to Q4 2023?  

Gayatri Sugars' total income in Q1 2024 was ₹1,973.16 lakhs, down from ₹22,498.62 lakhs in Q4 2023.

8. What were the changes in inventories for Gayatri Sugars in Q1 2024?  

The changes in inventories for Gayatri Sugars in Q1 2024 were ₹1,580.46 lakhs.

9. What was the finance cost for Gayatri Sugars in Q1 2024?  

The finance cost for Gayatri Sugars in Q1 2024 was ₹638.49 lakhs.

10. How much did Gayatri Sugars report for other income in Q1 2024?  

Gayatri Sugars reported ₹1.89 lakhs for other income in Q1 2024.

11. What was the profit before tax for Gayatri Sugars in Q1 2024?  

The profit before tax for Gayatri Sugars in Q1 2024 was a loss of ₹1,768.83 lakhs.

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