GRP's Q1 FY 2025-26 Quarterly Results

Result Summary

• GRP Ltd reported a 9.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 1.6%.
• Its expenses for the quarter were up by 0.9% QoQ and 1.8% YoY.
• The net profit decreased 85.0% QoQ and decreased 60.0% YoY.
• The earnings per share (EPS) of GRP Ltd stood at 3.3 during Q1 FY 2025-26.

Financial Statments for Q1 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

GRP Ltd is a company whose primary focus is within the manufacturing sector, dealing predominantly with the production and supply of industrial components and materials. The company's portfolio often includes products such as rubber products, polymers, and related accessories that serve various industries, including automotive, construction, and general manufacturing. As of the latest available data, there have been no major public announcements or developments that are widely recognized. GRP Ltd operates in a competitive market landscape where innovation and cost-efficiency are crucial. Any further specific details about recent strategic initiatives or expansions are not available based on the provided information.

Revenue

For the first quarter of the fiscal year 2026 (Q1FY26), GRP Ltd reported a total income of ₹124.68 crores. This figure represents a decrease of 9.7% on a quarter-over-quarter (QoQ) basis compared to the previous quarter (Q4FY25) where the total income was ₹138.12 crores. Year-over-year (YoY), there was a slight decrease of 1.6% in total income when compared to the first quarter of the previous fiscal year (Q1FY25), which recorded a total income of ₹126.67 crores. Such changes in revenue figures could be influenced by various factors, such as market demand, pricing strategies, or economic conditions.

Profitability

The company posted a Profit Before Tax (PBT) of ₹3.22 crores in Q1FY26. This reflects a substantial decrease of 79.0% QoQ from ₹15.36 crores in Q4FY25 and a 56.0% drop YoY from ₹7.31 crores in Q1FY25. After accounting for tax, Profit After Tax (PAT) stood at ₹1.75 crores for Q1FY26, marking an 85.0% decline QoQ and a 60.0% fall YoY. The Earnings Per Share (EPS) also saw a significant decline, recorded at ₹3.30, which is a decrease of 96.2% QoQ and 89.9% YoY. These figures indicate notable deviations from past performance in terms of profitability over both short and long-term periods.

Operating Metrics

In Q1FY26, GRP Ltd's total expenses were ₹121.46 crores, which reflects a 0.9% increase from the previous quarter (Q4FY25) where expenses were ₹120.36 crores. Compared to the same quarter in the previous fiscal year (Q1FY25), total expenses have increased by 1.8% from ₹119.36 crores. The changes in expenses, coupled with fluctuations in income, have impacted the company's operating profitability metrics. The tax expense for the quarter was ₹1.47 crores, showing a reduction of 60.1% QoQ and 50.2% YoY. The interplay of these metrics can be crucial in understanding the financial dynamics and operational efficiencies of GRP Ltd during this period.