GTPL Hathway declines on reporting 57% fall in Q1 consolidated net profit
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GTPL Hathway is currently trading at Rs. 168.15, down by 3.70 points or 2.15% from its previous closing of Rs. 171.85 on the BSE.
The scrip opened at Rs. 171.50 and has touched a high and low of Rs. 171.50 and Rs. 167.55 respectively. So far 8230 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 217.65 on 10-Jan-2024 and a 52 week low of Rs. 112.05 on 13-Jul-2023.
Last one week high and low of the scrip stood at Rs. 180.45 and Rs. 167.55 respectively. The current market cap of the company is Rs. 1905.12 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 8.66% and 16.34% respectively.
GTPL Hathway has reported 34.27% fall in its net profit at Rs 15.02 crore for the quarter ended June 30, 2024 as compared to Rs 22.85 crore for the same quarter in the previous year. However, total income of the company increased by 6.15% at Rs 543.30 crore for Q1FY25 as compared to Rs 511.82 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 57.41% fall in net profit at Rs 14.99 crore for Q1FY25 as compared to Rs 35.20 crore for the same quarter in the previous year. However, total income of the company increased by 8.97% at Rs 850.58 crore for Q1FY25 as compared to Rs 780.57 crore for the corresponding quarter previous year.
