Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GTV Engineering Ltd reported strong Q2 FY2025-26 results with profits growing sharply despite modest revenue growth. Total income rose about 9.3% YoY to ₹25.75 crore, but EBITDA jumped 148.47% to ₹4.87 crore and net profit (PAT) more than tripled, up 205% to ₹3.51 crore. Profitability margins expanded significantly — EBITDA margin moved from 8.32% to 18.91% and PAT margin from 4.88% to 13.63%. The company said it has exited its low-margin flour (atta, maida, suji, besan) business to focus fully on its heavy engineering segment. The current order book stands at ₹117 crore from OEM customers in cement, steel, hydro power and mineral processing sectors. Revenue growth was somewhat held back because customer project sites were not ready due to the monsoon.
The sharp improvement in margins and earnings, backed by a healthy ₹117 crore order book, signals a turnaround story for shareholders. The decision to exit the low-margin flour business should support better profitability going forward, though monsoon-related delays could keep near-term revenue growth uneven.