GTL LTD Announces Quarterly Results (4QFY19); Net Profit Up 95.5%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Markets will remain closed on 10th April, 2020 on account of Good Friday.

GTL LTD Announces Quarterly Results (4QFY19); Net Profit Up 95.5%
Wed, 8 May

GTL LTD has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

GTL LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m821561348-37.9%-57.6%
Other incomeRs m18329131-60.3%640.4%
TurnoverRs m839890479-46.2%-42.9%
ExpensesRs m1,6681,1431,39321.8%-16.5%
Gross profitRs m-21,470-582-1,044
DepreciationRs m32129-27.9%-72.7%
InterestRs m4042430.8%7.2%
Profit before taxRs m-21,524-308-965
TaxRs m0000.0%0.0%
Profit after taxRs m-21,524-308-965
Gross profit margin%-2,614.6-103.7-299.6
Effective tax rate%0.00.00.0
Net profit margin%-2,566.1-34.6-201.5
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 57.6% on a year-on-year (YoY) basis. The expenses were down by 16.5% YoY during the same period.
  • The company's operating profit declined by 95.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 299.6% in 4QFY19 as against 2614.6% in 4QFY18.
  • Depreciation charges declined by 72.7% and finance costs increased by 7.2% YoY, respectively.
  • Other income increased by 640.4% YoY during the quarter.
  • Net profit for the quarter increased by 95.5% YoY. Net profit margins during the quarter increased from -2566.1% in 4QFY18 to -201.5% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 37.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 21.8% QoQ during the same period.
  • The company's operating profit declined by 79.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 299.6% in 4QFY19 as against 103.7% in 3QFY18.
  • Net profit for the quarter declined by 213.5% QoQ, while net profit margins declined from -34.6% in 3QFY18 to -201.5% in 4QFY19.

To see how GTL LTD has performed over the last eight quarters, please visit here.

GTL LTD Share Price Performance

Over the last one year, GTL LTD share price has moved up from Rs 9.4 to Rs 4.3, registering a Loss of Rs 5.1 or around 54.4%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,649.5 (down 0.7%). Over the last one year it has moved up from 6,871.0 to 7,649.5, a gain of 778 points (up 11.3%).

Overall, the S&P BSE SENSEX is up 8.0% over the year.

Current Valuations

At the current price of Rs 4.3, the price to book value (P/BV) ratio of GTL LTD stands at 0.0 times.

Equitymaster requests your view! Post a comment on "GTL LTD Announces Quarterly Results (4QFY19); Net Profit Up 95.5%". Click here!

  

Related Views on News

GTL LTD Announces Quarterly Results (3QFY19); Net Profit Down 419.1% (Quarterly Result Update)

Feb 4, 2019 | Updated on Feb 4, 2019

For the quarter ended December 2018, GTL LTD has posted a net profit of Rs 308 m (down 419.1% YoY). Sales on the other hand came in at Rs 561 m (down 76.5% YoY). Read on for a complete analysis of GTL LTD's quarterly results.

GTL LTD Announces Quarterly Results (2QFY19); Net Profit Up 88.3% (Quarterly Result Update)

Nov 5, 2018 | Updated on Nov 5, 2018

For the quarter ended September 2018, GTL LTD has posted a net profit of Rs 582 m (up 88.3% YoY). Sales on the other hand came in at Rs 543 m (down 82.4% YoY). Read on for a complete analysis of GTL LTD's quarterly results.

More Views on News

Most Popular

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

One Stock that is All Charged Up for the Post Coronavirus Rebound(The 5 Minute Wrapup)

Apr 1, 2020

A stock with strong moat is currently trading near 5-year lows.

A Safe Stock to Lockdown Now(The 5 Minute Wrapup)

Apr 2, 2020

The market crashc has made strong, established brands attractive. Here's a stock to make the most of this opportunity...

The Insiders See a Buying Opportunity in These Smallcaps Amid Coronavirus Outbreak(Profit Hunter)

Mar 31, 2020

The promoters are buying these smallcaps amid the coronavirus outbreak.

This Smallcap Tech Firm has Risen to the Coronavirus Challenge(Profit Hunter)

Apr 7, 2020

This smallcap tech firm is all set to emerge stronger from the Coronavirus crisis.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

GTL LTD SHARE PRICE


Apr 9, 2020 (Close)

TRACK GTL LTD

  • Track your investment in GTL LTD with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

GTL LTD - KINGDEE INTER. COMPARISON

COMPARE GTL LTD WITH

MARKET STATS