GNA Axles' Q2 FY 2025-26 Quarterly Results

Result Summary

• GNA Axles Ltd reported a 0.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 10.2%.
• Its expenses for the quarter were down by 2.6% QoQ and 12.7% YoY.
• The net profit increased 35.7% QoQ and increased 9.3% YoY.
• The earnings per share (EPS) of GNA Axles Ltd stood at 7.27 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

GNA Axles Ltd is a prominent player in the automotive industry, primarily engaged in manufacturing and supplying axles and other components for various vehicles. Its product offerings cater to a wide array of sectors, including commercial vehicles, agricultural tractors, and construction equipment. GNA Axles Ltd is known for its robust engineering capabilities and commitment to quality, making it a trusted supplier in both domestic and international markets. As of the latest available data, there are no specific recent major developments for the company.

Revenue

For the second quarter of the fiscal year 2026 (Q2FY26), GNA Axles Ltd reported a total income of ₹348.33 crores, representing a quarter-over-quarter increase of 0.8% from ₹345.45 crores in Q1FY26. However, on a year-over-year basis, there was a decrease of 10.2% from ₹388.08 crores in Q2FY25. This trend indicates a slight improvement in revenue sequentially but a decline compared to the same period in the previous year.

Profitability

GNA Axles Ltd's profitability showed notable improvement in Q2FY26. The company recorded a profit before tax of ₹42.36 crores, which marks a 35.0% increase from ₹31.37 crores in the previous quarter and a 13.0% rise from ₹37.49 crores in Q2FY25. The profit after tax also rose to ₹31.19 crores, representing a 35.7% increase quarter-over-quarter from ₹22.99 crores and a 9.3% increase year-over-year from ₹28.53 crores. Earnings per share grew to ₹7.27, which is a 35.9% increase from ₹5.35 in Q1FY26, and a 9.5% increase from ₹6.64 in Q2FY25. These metrics highlight a significant improvement in profitability both sequentially and annually.

Operating Metrics

The total expenses for GNA Axles Ltd in Q2FY26 were ₹305.97 crores, which is a reduction of 2.6% from ₹314.07 crores in Q1FY26 and a decrease of 12.7% from ₹350.59 crores in Q2FY25. The decrease in expenses both quarter-over-quarter and year-over-year contributed positively to the company's profitability. The tax expense for the quarter was ₹11.17 crores, which increased by 33.3% from ₹8.38 crores in the previous quarter and 24.7% from ₹8.96 crores in Q2FY25. This increase in tax expenditure coincides with the growth in profit before tax.