Hot Pursuit     04-Aug-22
Gabriel India spurts after Q1 PAT soars 168% YoY
Gabriel India jumped 5.71% to Rs 141.70 after the company's net profit surged 167.64% to Rs 32.09 crore on 59.55% rise in net sales to Rs 720.9 crore in Q1 June 2022 over Q1 June 2021.
The company's net profit rose 19.25% and net sales increased 5.35% Q1 June 2022 over Q4 March 2022.

Profit before tax (PBT) jumped 181.39% year-on-year to Rs 44.46 crore in Q1 June 2022.

Total expense climbed 54.97% YoY to Rs 682.57 crore in Q1 FY23. Cost of raw material consumed stood at Rs 544.51 crore (up 55.63% YoY) and employee expenses stood at Rs 44.08 crore (up 12.25% YoY).

Gabriel India makes auto components and parts. It has a significant presence across all automotive customer segments, including Original Equipment Manufacturers (OEMs), aftermarket, and exports.

Previous News
  Gabriel India standalone net profit declines 6.69% in the March 2022 quarter
 ( Results - Announcements 25-May-22   08:25 )
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 ( Results - Analysis 03-Nov-23   18:28 )
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 ( Results - Analysis 10-Nov-22   16:38 )
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 ( Hot Pursuit - 15-Nov-22   12:00 )
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 ( Corporate News - 02-Feb-24   12:24 )
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 ( Results - Analysis 24-May-23   00:26 )
  Gabriel India to declare Quarterly Result
 ( Corporate News - 16-May-23   16:49 )
  Gabriel India standalone net profit rises 40.03% in the December 2020 quarter
 ( Results - Announcements 08-Feb-21   14:44 )
  Gabriel India to resume operations at its various plant locations
 ( Corporate News - 28-Apr-20   19:43 )
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 ( Corporate News - 01-Aug-19   17:07 )
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 ( Corporate News - 24-Jan-22   19:11 )
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