GTL Reports Strong Financial Performance in Q1 FY25, with Positive Trends in Key Indicators

GTL, a microcap telecom equipment company, has recently announced its financial results for the quarter ending June 2024. The company has shown a very positive performance in this quarter, with a significant improvement in its financial score from -2 to 24 in the last three months.

According to the financial report, GTL’s Profit Before Tax (PBT) has grown by 1050.9% to Rs 25.32 crore, compared to the average PBT of the previous four quarters which was Rs 2.20 crore. The Profit After Tax (PAT) has also shown a growth of 294.7% to Rs 26.97 crore, compared to the average PAT of the previous four quarters which was Rs 6.83 crore. The company’s Net Sales have also increased by 43.4% to Rs 65.69 crore, compared to the average Net Sales of the previous four quarters which was Rs 45.81 crore.

GTL’s ability to manage interest payments has also improved, with the Operating Profit to Interest ratio being the highest in the last five quarters at 4.55 times. The company’s Operating Profit (PBDIT) has also shown a positive trend, with the highest value of Rs 34.81 crore in the last five quarters. The Operating Profit Margin has also improved, with the highest value of 52.99% in the last five quarters.

The company’s profitability has also increased, with the highest Earnings per Share (EPS) of Rs 8.66 in the last five quarters. However, the Debt-Equity Ratio has also increased to -0.96 times, indicating that the company is borrowing more to fund its operations and its liquidity situation may be stressed.

Overall, GTL has shown a strong financial performance in the quarter ending June 2024, with positive trends in key financial indicators. Investors should keep an eye on the company’s debt levels and its ability to manage interest payments in the future. Based on the current financials, MarketsMOJO has given a ‘Sell’ call for GTL’s stock.