30-May-2018
Highlights
- GOCL Consolidated Gross Income in Q4 increased by 13%
- Q4 Consolidated Net Profit at Rs. 10.19 crores
- Total Dividend Confirmed 80% for the year.
Hyderabad, May 30, 2018: GOCL Corporation Limited, a Hinduja Group Company, has reported for Q4 a Consolidated Gross Income of Rs. 158 crores, an increase of 13% over the corresponding quarter previous year and for the year Rs. 565 crores as against Rs. 635 crores in the previous year mainly because of major decline in prices by approx 16% on an average.
The net profit for Q4 increased from Rs. 10.05 crores to Rs. 10.19 crores whilst for the year the profit was Rs. 33.42 crores as compared to Rs. 32.65 crores for the previous year.
On a standalone basis, total income for Q4 increased by 26% from Rs. 27.90 crores to Rs. 35.04 crores. YoY the income decreased from Rs. 137.95 crores to Rs. 122.43 crores on account of price decreases by 25% on an average. The Standalone profit, however for Q-4 increased from Rs. 5.75 crores to Rs. 9.27 crores.
