Gowra Leasing & Finance Reports 111% Profit Surge in Q2, Approves Rs 10 Crore Investment Plan
Gowra Leasing & Finance Limited (GLFL) reported a 111% year-on-year increase in Q2 profit, reaching Rs 119.38 lakhs. Revenue from operations surged by 227.8% to Rs 286.95 lakhs. The company's half-year profit rose by 156.9% to Rs 248.47 lakhs. Interest income, a key driver, grew by 229.5% to Rs 286.89 lakhs in Q2. GLFL's Board approved investing up to Rs 10 crore in shares and mutual funds. As of September 30, total assets stood at Rs 6,364.51 lakhs, with the loan portfolio expanding to Rs 5,863.32 lakhs.

*this image is generated using AI for illustrative purposes only.
Gowra Leasing & Finance Limited (GLFL) has reported a significant increase in its quarterly profit for Q2, alongside announcing a substantial investment plan. The company's board has approved unaudited financial results for the quarter and half year ended September 30, revealing robust growth in both revenue and profitability.
Financial Highlights
GLFL's Q2 performance showcases remarkable year-on-year growth:
| Metric | Q2 Current | Q2 Previous | YoY Change |
|---|---|---|---|
| Profit | 119.38 | 56.57 | +111% |
| Revenue from Operations | 286.95 | 87.55 | +227.8% |
| Basic EPS | 2.19 | 1.89 | +15.9% |
All figures in Rs lakhs, except for Basic EPS in Rs
For the half-year ended September 30, the company's profit reached Rs 248.47 lakhs, compared to Rs 96.71 lakhs in the same period last year, marking a 156.9% increase.
Operational Performance
The company's revenue from operations saw a substantial increase, primarily driven by interest income. Interest revenue for Q2 stood at Rs 286.89 lakhs, compared to Rs 87.08 lakhs in the same quarter last year, representing a 229.5% growth.
Investment Approval
In a strategic move, GLFL's Board of Directors has approved investing surplus funds up to Rs 10 crore in shares and mutual funds. This decision indicates the company's intent to diversify its investment portfolio and potentially boost returns on idle funds.
Financial Position
As of September 30, Gowra Leasing & Finance reported:
- Total assets of Rs 6,364.51 lakhs, up from Rs 2,828.12 lakhs a year ago
- Loans portfolio increased to Rs 5,863.32 lakhs from Rs 2,408.56 lakhs
- Total equity rose to Rs 3,590.50 lakhs from Rs 1,831.82 lakhs
Conclusion
Gowra Leasing & Finance Limited's Q2 results demonstrate strong financial performance with substantial growth in profit and revenue. The approval to invest up to Rs 10 crore in shares and mutual funds indicates a proactive approach to managing surplus funds. These developments reflect the company's growth trajectory and strategic financial management.
Historical Stock Returns for Gowra Leasing & Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.05% | +0.24% | +4.73% | +21.40% | +65.15% | +458.36% |



























