Gujchem Distillers India Q2 Results Reports ₹2.21 Crores in Total Income

Gujchem Distillers India Q2 Results

Gujchem Distillers India Q2 Results: The unaudited standalone financial results for Gujchem Distillers India for the quarter and half-year ended on September 30, 2024, show important financial information. In the quarter ending September 30, 2024, the company earned ₹149.45 lakhs from its main business operations, which is similar to the previous quarter but lower than last year’s earnings of ₹157.37 lakhs. The company also gained ₹71.95 lakhs from other income, a significant increase from ₹4.42 lakhs in the previous quarter, leading to a total income of ₹221.40 lakhs for the quarter.

Gujchem Distillers India's total expenses reached ₹139.94 lakhs, higher than the previous quarter’s ₹83.47 lakhs. The main expenses included costs for products sold and employee benefits. As a result, the company reported a profit of ₹81.47 lakhs for the quarter. For the half-year ending September 30, 2024, the total income was ₹165.70 lakhs, while total expenses were ₹163.29 lakhs, resulting in a profit of ₹2.42 lakhs. The earnings per share were ₹2.28 for the current quarter. 

Here’s a simplified summary of the unaudited standalone financial results for the quarter and half-year ended September 30, 2024. 

(Rs. in Lakhs except the shares)

Source: Here 

For More Q1 Results check our Twitter Page

Visit our website for more Q1 results

Gujchem Distillers India Stock Performance

Gujchem Distillers India is a company with a market capitalization of ₹178 crore, which shows the total value of the company in the stock market. The current stock price is ₹499, with a high of ₹541 and a low of ₹61.80 over a certain period. The stock price-to-earnings (P/E) ratio is very high at 469, indicating that investors may expect significant future growth. The book value is ₹390, representing the company's net asset value per share. It does not offer dividends, with a yield of 0%. 

Here’s a summary of the financial data you provided:

Quarterly Results 

The quarterly results for Gujchem Distillers India in March, June, and September 2024 show some important financial information. In March 2024, the company had sales of Rs. 1.57 crores and made a profit before tax of Rs. 0.29 crores, resulting in a net profit of Rs. 0.30 crores and an earnings per share (EPS) of Rs. 0.84. However, in June 2024, the company’s sales dropped to Rs. 0.00 crores, leading to a loss before tax of Rs. 0.79 crores and a negative net profit of Rs. 0.79 crores with an EPS of -Rs. 2.21. In September 2024, sales improved again to Rs. 1.49 crores, with a profit before tax of Rs. 0.82 crores, resulting in a net profit of Rs. 0.81 crores and an EPS of Rs. 2.27.

Here's the table for the quarterly results, showing only March 2024, June 2024, and September 2024:

(Standalone Figures in Rs. Crores)

About Gujchem Distillers India 

Gujchem Distillers India is a well-established company in India, founded in 1911. It began as a small business and became a private company called Sardesai Brothers Private in 1939. Over the years, GDIL has grown and evolved, becoming a public company in 1961 under the name Sardesai Brothers. In 1974, the company changed its name to Gujchem Distillers India, reflecting its focus on producing high-quality chemicals and alcohol products. GDIL has a strong reputation in the industry and continues to provide various products, contributing to the growth of the chemical sector in India.