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GTPL Hathway turns black in Q4
Apr-16-2024

GTPL Hathway has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported net profit of Rs 9.95 crore for the quarter under review as against net loss of Rs 3.17 crore for the same quarter in the previous year. Total income of the company increased by 13.68% at Rs 515.42 crore for Q4FY24 as compared Rs 453.39 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net profit of Rs 16.05 crore for fourth quarter ended March 31, 2024 as against net loss of Rs 10.71 crore for the same quarter in the previous year. Total income of the company increased by 16.13% at Rs 814.84 crore for Q4FY24 as compared Rs 701.66 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 6.30% rise in its net profit at Rs 76.24 crore as compared to Rs 71.72 crore for the previous year. Total income of the company increased by 18.94% at Rs 2,060.97 crore for year under review as compared to Rs 1,732.84 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported net profit of Rs 111.79 crore as against net loss of Rs 124.82 crore for the previous year. Total income of the company increased by 19.60% at Rs 3246.05 crore for year under review as compared to Rs 2,713.99 crore for year ended March 31, 2023.

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