Grauer & Weil (India) Reports 69% Jump in Quarterly Profit to Rs 43.65 Crores
Grauer & Weil (India) Limited has reported a 69% increase in quarterly net profit to ₹43.65 crores, up from ₹25.77 crores in the previous quarter. However, revenue from operations decreased by 26.2% to ₹249.32 crores. The company's Surface Finishings segment remained the largest revenue contributor at ₹230.18 crores, while the Engineering segment generated ₹19.74 crores. The Shoppertainment segment reported minimal revenue due to suspended mall operations following a Maharashtra Pollution Control Board order. Despite operational challenges, the company's earnings per share rose by 68.4% to ₹0.96.

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Grauer & Weil (India) Limited , a diversified company operating in chemicals, engineering, paints, lubricants, and real estate sectors, has reported a significant increase in its quarterly profit.
Financial Highlights
The company's standalone financial results for the quarter show:
Metric | Current Quarter | Previous Quarter | Change |
---|---|---|---|
Net Profit | ₹43.65 crores | ₹25.77 crores | 69% |
Revenue from Operations | ₹249.32 crores | ₹337.97 crores | -26.2% |
Basic Earnings per Share | ₹0.96 | ₹0.57 | 68.4% |
Segment Performance
Grauer & Weil's financial results reveal performance across its three main segments:
Surface Finishings: This segment remained the largest contributor to the company's revenue, generating ₹230.18 crores.
Engineering: The engineering segment reported revenue of ₹19.74 crores.
Shoppertainment: This segment, which includes the company's mall operations, reported minimal revenue of ₹0.06 crores due to ongoing suspension of mall operations.
Operational Challenges
The company's mall operations continue to remain temporarily suspended following an order by the Maharashtra Pollution Control Board. Grauer & Weil has filed a special leave petition before the Supreme Court, and the matter is pending adjudication. Despite this challenge, other business segments continue to operate without disruption.
Performance Analysis
While Grauer & Weil has seen a significant increase in quarterly profit and earnings per share, it's important to note that revenue from operations has declined compared to the previous quarter. This suggests that the company has managed to improve its profitability despite lower sales, possibly through cost management or improved operational efficiency.
Looking Ahead
As Grauer & Weil navigates through these times, investors and stakeholders will be keenly watching how the company manages its operational challenges, particularly the suspended mall operations, and works towards maintaining its improved profitability while addressing the decline in revenue.
The company's ability to leverage its strengths across its diverse business segments, coupled with any strategic initiatives to enhance efficiency and drive growth, will be crucial in shaping its performance going forward.
Historical Stock Returns for Grauer & Weil
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.52% | +0.29% | -10.93% | +2.18% | -17.45% | +384.30% |