Results - Announcements
GFL Ltd share price gained 2.70% to Rs 58.54
GFL Ltd's net profit saw a strong growth of 286.29% to Rs 28.74 crore, while revenue from operations softened by 4.46% to Rs 1.07 crore in Q2FY27 over Q2FY26.
The market capitalization of Holding Company industry group stocks on BSE stood at Rs 5.1 lakh crore, easing 1.37%. It has inched up 0.34% over last one week and dipped slightly by 6.51% in last one month while the market capitalization of GFL Ltd has increased 13.23% and 14.96% in the same period respectively.
Profit before tax (PBT) of GFL Ltd stood at Rs 35.53 crore in Q2 FY27, jumping 107.54% year-on-year, and surging by 307.92% quarter-on-quarter. EBITDA came in at Rs 0 crore, crashing by 30.00% YoY and climbing 10.53% sequentially.
Total expenses fell by 13.33% to Rs 0.65 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 0.2 crore, tumbling by 25.93% YoY.
For FY26, revenue from operations rose 19.58% to Rs 3.97 crore, while net profit tanked by 159.56% to Rs 45.02 crore, compared to previous FY. EBITDA witnessed a strong improvement of 46% to Rs 2.04 crore, and PBT plunged by 208.97% to Rs 52.75 crore compared to previous FY.
GFL Ltd slipped 3.72% in last one year, performing in line with the benchmark BSE Sensex which has eased by 3.42% during the same period.