Gabriel India Ltd

Coforge Ltd, Cigniti Technologies Ltd, Redington Ltd and MOIL Ltd are among the other gainers in the BSE's 'A' group today, 05 March 2025.Gabriel India Ltd surged 11.71% to Rs 495.25 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 79803 shares were traded on the counter so far as against the average daily volumes of 22259 shares in the past one month. Coforge Ltd spiked 10.30% to Rs 7946. The stock was the second biggest gainer in 'A' group. On the BSE, 74297 shares were traded on the counter so far as against the average daily volumes of 12552 shares in the past one month. Cigniti Technologies Ltd soared 9.59% to Rs 1439.2. The stock was the third biggest gainer in 'A' group. On the BSE, 11946 shares were traded on the counter so far as against the average daily volumes of 3756 shares in the past one month. Redington Ltd added 9.52% to Rs 250.25. The stock was the fourth biggest gainer in 'A' group. On the BSE, 3.18 lakh shares were traded on the counter so far as against the average daily volumes of 3.72 lakh shares in the past one month. MOIL Ltd spurt 8.63% to Rs 322.1. The stock was the fifth biggest gainer in 'A' group. On the BSE, 66193 shares were traded on the counter so far as against the average daily volumes of 59318 shares in the past one month. Powered by Capital Market - Live

Gabriel India announced the resignation of Jagdish Kumar (DIN: 00318558), Non-executive Director of the Company with effect from closing of business hours of 13 February 2025. Further, in terms of shareholder's resolution passed at the Annual General Meeting held on 07 August 2020, the term of appointment of Matangi Gowrishankar (DIN: 01518137) as a Non-executive Independent Director of the Company was up to the closing of business hours of 13 February 2025.Powered by Capital Market - Live

Net profit of Gabriel India rose 25.63% to Rs 53.97 crore in the quarter ended December 2024 as against Rs 42.96 crore during the previous quarter ended December 2023. Sales rose 13.56% to Rs 924.18 crore in the quarter ended December 2024 as against Rs 813.81 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales924.18813.81 14 OPM %8.488.63 - PBDT86.4073.74 17 PBT70.7759.34 19 NP53.9742.96 26 Powered by Capital Market - Live

Gabriel India will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live

Gabriel India announced that the second term of Pradeep Banerjee (DIN: 02985965) as a Non- Executive Independent Director of the Company has completed on 13 December 2024.Powered by Capital Market - Live

Gabriel India has appointed Subbu Venkata Rama Behara (DIN: 00289721) as an Additional Director (Non-Executive, Independent) on the Board of the Company effective 14 December 2024. Powered by Capital Market - Live

Gabriel India announced that the Board of Directors of the Company at its meeting held on 22 October 2024, inter alia, have recommended the interim dividend of Rs 1.75 per equity Share (i.e. 175%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Gabriel India rose 12.23% to Rs 52.69 crore in the quarter ended September 2024 as against Rs 46.95 crore during the previous quarter ended September 2023. Sales rose 6.89% to Rs 924.01 crore in the quarter ended September 2024 as against Rs 864.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales924.01864.45 7 OPM %8.568.54 - PBDT85.8477.15 11 PBT70.0363.01 11 NP52.6946.95 12 Powered by Capital Market - Live

Gabriel India will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live

Revenue from operations increased 7.26% to Rs 864.23 crore in Q1 FY25 as compared with Rs 805.76 crore in Q1 FY24. Profit before tax increased 19.8% to Rs 69.10 crore in Q1 FY25 as comapred with Rs 57.68 crore posted in same quarter last year. During the quarter, EBTDA jumped 13% to Rs 78 crore as compared with Rs 69 crore posted in same quarter last fiscal. EBITDA margin improved to 9% in Q1 FY25 as against 8.6% in Q1 FY24. Duirng the quarter, capex stood at Rs 30 crore. On outlook front, the company said that it will develop more products for the core segment, Major focus in B & C class towns ' 200 nos to be added in next 5 years. Gabriel India is offers ride control products catering to all segments in the automotive industry. The Company has seven manufacturing plants spread accross India.Powered by Capital Market - Live