Gujarat Toolroom Limited reported a standalone net profit of Rs 366.31 lakh for Q1, up from Rs 271.78 lakh year-over-year. However, revenue fell by 78% to Rs 1,450.68 lakh. The Agricultural Products segment was the sole revenue contributor. Consolidated results mirrored standalone performance. Basic EPS stood at Rs 0.03 (standalone) and Rs 0.04 (consolidated). Total assets were Rs 53,735.72 lakh (standalone) and Rs 104,643.42 lakh (consolidated).
Gujarat Toolroom Limited approved a 5:1 bonus share allotment and reported Q3 FY2024-25 results. Revenue grew 76% YoY to ₹231.23 crore, but net profit fell 90% to ₹1.43 crore. The rough diamonds & gold segment was the main revenue driver. Auditors raised concerns about missing invoices and stock verification issues. The stock hit a 5% lower circuit following the announcement.
Gujarat Toolroom Limited reported a 66.5% YoY decline in Q3 FY25 net profit to ₹133.60 crore, despite a 17.8% decrease in revenue to ₹4,767.77 crore. The company's Rough Diamonds & Gold segment reported a loss, while the Others segment remained profitable. The Board approved a 5:1 bonus share issuance, with the record date set for February 18, 2025. Auditors raised concerns about missing purchase invoices and inability to verify stock, highlighting potential internal control issues.