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- GSB Finance Q1 Results Revenue Soars to ₹76.87 Lakh, Profit Before Tax Rebounds to ₹32.43 Lakh
GSB Finance Q1 Results Revenue Soars to ₹76.87 Lakh, Profit Before Tax Rebounds to ₹32.43 Lakh
GSB Finance Q1 Results saw a 240% YoY increase in revenue and a 43.97% YoY decline in profit before tax, while GSB Finance Q1 Results showed a 20.32% QoQ revenue rise despite a 90.64% QoQ drop in profit before tax.
by Madhumitha
Updated Sep 05, 2024
Table of Content
GSB Finance Q1 Results: GSB Finance announced their financial results for the first quarter ending June 30, 2024, on August 13, 2024. The company reported a significant year-over-year (YoY) increase in revenue from operations, rising by 240% compared to the previous year.
Despite this growth, the firm's profit before tax showed a year-over-year (YoY) decline of 43.97%, reflecting some challenges in the current financial environment.
In comparison to the previous quarter (Qoq), GSB Finance’s performance improved, with a quarter-over-quarter (Qoq) rise in revenue from operations of 20.32%. However, other key metrics also demonstrated volatility, as the company’s profit before tax saw a quarter-over-quarter (QoQ) decrease of 90.64%.
Overall, while the YoY figures reveal significant revenue growth, the company's financial results indicate mixed performance trends when compared to both YoY and QoQ figures.
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GSB Finance Q1 Results 2024-2025
Here is a summary of GSB Finance’s Q1 results for the period ending June 30, 2024:
| Particulars | Q1 FY 2024 (30.06.2024) | Q4 FY 2023 (31.03.2024) |
|---|---|---|
| Revenue from Operations | Rs. 76.87 Lakh | Rs. 32.43 Lakh |
| Interest Income | Rs. 32.43 Lakh | Rs. 9.54 Lakh |
| Brokerage and Commission | Rs. 0.00 Lakh | Rs. 0.00 Lakh |
| Gain on Fair Value of Financial Instruments | Rs. 0.03 Lakh | Rs. 0.99 Lakh |
| Profit Before Tax | Rs. 32.43 Lakh | Rs. -33.83 Lakh |
| Total Comprehensive Income | Rs. 32.43 Lakh | Rs. -43.97 Lakh |
| Paid-Up Equity Share Capital | Rs. 600.00 Lakh | Rs. 600.00 Lakh |
| Earnings Per Share (Basic & Diluted) | Rs. 0.054 | Rs. -0.073 |
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GSB Finance Content Market Overview
GSB Finance's stock is priced at ₹17.00, reflecting a small decrease of 1.28%. The company has a market capitalization of ₹10.2 crore. Over the past period, the stock has ranged from a low of ₹8.25 to a high of ₹23.70. With a Price-to-Earnings (P/E) ratio of 7.45, the stock is currently trading below its book value of ₹22.80.
GSB Finance does not offer any dividend yield, but it has a Return on Capital Employed (ROCE) of 11.7% and a Return on Equity (ROE) of 9.79%, indicating moderate profitability and efficient use of capital.
| Metric | Value |
|---|---|
| Current Price | ₹17.00 |
| Market Capitalization | ₹10.2 Cr. |
| High / Low | ₹23.70 / ₹8.25 |
| Stock P/E Ratio | 7.45 |
| Book Value | ₹22.80 |
| Dividend Yield | 0.00% |
| ROCE | 11.7% |
| ROE | 9.79% |
| Face Value | ₹10.00 |
Q1 Results
Here is a summary of GSB Finance’s quarterly results for the recent periods:
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales (Rs. Cr.) | 0.40 | 0.86 | 0.32 |
| Expenses (Rs. Cr.) | 0.33 | 1.22 | 0.00 |
| Operating Profit (Rs. Cr.) | 0.07 | -0.36 | 0.32 |
| OPM (%) | 17.50% | -41.86% | 100.00% |
| Other Income (Rs. Cr.) | 0.00 | 0.01 | 0.00 |
| Interest (Rs. Cr.) | 0.08 | -0.01 | 0.00 |
| Depreciation (Rs. Cr.) | 0.00 | 0.00 | 0.00 |
| Profit Before Tax (Rs. Cr.) | -0.01 | -0.34 | 0.32 |
| Tax (%) | 0.00% | 29.41% | 0.00% |
| Net Profit (Rs. Cr.) | -0.01 | -0.44 | 0.32 |
| EPS (Rs.) | -0.02 | -0.73 | 0.53 |
About GSB Finance
GSB Finance, founded in 1982, is a company that specializes in trading and investment in shares and securities. As part of the GSB Group, it offers a wide range of financial services, including equity trading, derivatives, investment advisory, and research.
Additionally, GSB Finance provides mutual fund investments and various types of insurance, such as health, motor, and travel insurance. The company is focused on delivering comprehensive financial solutions to its clients while actively engaging in the capital markets.
Visit our website for more Q1 results.
GSB Finance Q1 Results- FAQs
1. What was GSB Finance’s revenue from operations for Q1 FY 2024?
GSB Finance’s revenue from operations for Q1 FY 2024 was Rs. 76.87 Lakh.
2. What was the interest income reported by GSB Finance in Q1 FY 2024?
GSB Finance reported an interest income of Rs. 32.43 Lakh in Q1 FY 2024.
3. How much did GSB Finance earn from the fair value of financial instruments in Q1 FY 2024?
GSB Finance earned Rs. 0.03 Lakh from the fair value of financial instruments in Q1 FY 2024.
4. What was GSB Finance’s profit before tax for Q1 FY 2024?
GSB Finance’s profit before tax for Q1 FY 2024 was Rs. 32.43 Lakh.
5. How much did GSB Finance report as total comprehensive income in Q1 FY 2024?
GSB Finance reported a total comprehensive income of Rs. 32.43 Lakh in Q1 FY 2024.
6. What was the earnings per share (EPS) for GSB Finance in Q1 FY 2024?
GSB Finance’s earnings per share (EPS) in Q1 FY 2024 was Rs. 0.054.
7. How did GSB Finance’s revenue from operations in Q1 FY 2024 compare to Q4 FY 2023?
GSB Finance’s revenue from operations in Q1 FY 2024 increased to Rs. 76.87 Lakh from Rs. 32.43 Lakh in Q4 FY 2023.
8. What was the interest income for GSB Finance in Q4 FY 2023?
GSB Finance’s interest income for Q4 FY 2023 was Rs. 9.54 Lakh.
9. Did GSB Finance have any brokerage and commission income in Q1 FY 2024?
No, GSB Finance did not report any brokerage and commission income in Q1 FY 2024.
10. How much did GSB Finance report as a gain on the fair value of financial instruments in Q4 FY 2023?
GSB Finance reported a gain of Rs. 0.99 Lakh on the fair value of financial instruments in Q4 FY 2023.