Financial Result
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gconnect Logitech reported a revenue decline of 12.9% year-on-year, with total income falling to Rs. 409.76 Lacs from Rs. 470.36 Lacs. Profit before tax dropped to Rs. 31.69 Lacs from Rs. 38.02 Lacs, while net profit/comprehensive income declined 21.9% to Rs. 21.78 Lacs. EPS decreased to Rs. 0.59 from Rs. 0.75. The company turned cash flow positive in operating activities at Rs. 103.65 Lacs compared to a negative Rs. 206.82 Lacs in the prior year. Short-term borrowings were fully repaid (reduced from Rs. 73.98 Lacs to nil), and cash position improved significantly to Rs. 49.88 Lacs from Rs. 12.71 Lacs. Statutory auditors NGST & Associates issued an unmodified (clean) opinion.
The stock may face pressure due to revenue and profit decline, though the clean audit opinion and improved cash position provide some comfort. The full repayment of debt is a positive signal for financial stability.