Introduction:
The NBFC stock delivered a remarkable 453.5% YoY surge in net profit, reflecting strong financial growth. With a 217.7% jump in PAT and rising revenue, the company’s improved efficiency and profitability highlight its resilience despite increased expenses in the latest quarter.
Share Price movement of Gowra Leasing & Finance:
On February 10, 2025, Gowra Leasing & Finance Ltd opened at ₹59.41, rising from its previous close of ₹49.51. The stock hit a high of ₹59.41 up 20.00% and a low of ₹59.41. Currently, it is trading at ₹59.41, with a market cap of ₹32.40 crore.
Gowra Leasing & Finance share price rise:
Gowra Leasing & Finance Limited reported a significant rise in total revenue for Q3 FY25, reaching ₹279.21 crore from ₹109.42 crore in the previous quarter, marking a 155.2% increase. The growth was driven by a surge in interest income to ₹151.40 crore and a sharp rise in other income to ₹127.17 crore.
Expenses increased to ₹57.79 crore in Q3, up from ₹33.82 crore in Q2, primarily due to a rise in finance costs, which jumped to ₹30.51 crore from ₹7.64 crore. However, employee benefit expenses saw a marginal decline from ₹12.07 crore to ₹11.88 crore, contributing to better cost control despite rising operational expenses.
Profit after tax (PAT) rose sharply by 217.7%, reaching ₹179.68 crore from ₹56.57 crore in Q2. Net profit increased by 453.5% YoY, showcasing the company’s strong financial growth. Despite increased tax expenses of ₹41.74 crore, robust revenue performance contributed to a significant surge in profitability, reflecting improved business efficiency and financial strength.
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Recent news About Gowra Leasing & Finance :
September 28, 2024 – Gowra Leasing & Finance Limited appointed Dayanand Soma as Director during its AGM. He is an Electrical Engineering graduate, born on September 30, 1946, and will serve as a director, liable to retire by rotation as per company policies.
Stock performance of Gowra Leasing & Finance for Period of 1 week, 6 months and 1 year:
Gowra Leasing & Finance stock declined 6.58% over the past week, reflecting short-term volatility. However, over six months, it gained 29.1%, showcasing steady mid-term growth. In the past year, the stock delivered a 23.8% return, highlighting its strong long-term performance and investor confidence.
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Shareholding pattern of Gowra Leasing & Finance:
| Summary | Dec-24 | Sep-24 | Jun-24 |
| Promoter | 61.10% | 61.10% | 61.10% |
| FII | 0% | 0% | 0% |
| DII | 0% | 0% | 0% |
| Public | 39.00% | 39.00% | 39.00% |
About Gowra Leasing & Finance:
Gowra Leasing & Finance is a non-banking financial company (NBFC) offering leasing, hire purchase, and financial services. It focuses on asset financing, investment activities, and credit solutions, catering to businesses and individuals with customized financial products for sustainable growth and profitability.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
