
GACM Technologies consolidated net profit rises 430.30% in the March 2025 quarter
Sales rise 120.00% to Rs 4.84 crore
Net profit of GACM Technologies rose 430.30% to Rs 1.75 crore in the quarter ended March 2025 as against Rs 0.33 crore during the previous quarter ended March 2024. Sales rose 120.00% to Rs 4.84 crore in the quarter ended March 2025 as against Rs 2.20 crore during the previous quarter ended March 2024.
For the full year,net profit rose 264.60% to Rs 4.12 crore in the year ended March 2025 as against Rs 1.13 crore during the previous year ended March 2024. Sales rose 82.86% to Rs 13.66 crore in the year ended March 2025 as against Rs 7.47 crore during the previous year ended March 2024.
Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 4.842.20 120 13.667.47 83 OPM % 56.6134.55 - 43.4833.07 - PBDT 3.370.52 548 6.551.88 248 PBT 2.640.33 700 5.081.14 346 NP 1.750.33 430 4.121.13 265
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India.com
34 minutes ago
- India.com
How India Ramping Up Army Firepower Following Israel-Iran Conflict, Eyeing Indigenous Edge Over Pakistan And China
New Delhi: Seemingly taking lessons from the recent Israel-Iran conflict, India has quietly shifted gears to strengthen its own military muscle. The Ministry of Defence, under Rajnath Singh's leadership, has approved a fast-track plan to arm the Indian Army with new-generation weapons sourced from domestic firms. The list includes high-tech drones, loitering munitions and advanced counter-drone systems – tools tailored for today's evolving battlefield. These purchases carry weight beyond just numbers. They signal a strategic message that New Delhi is preparing for any threat looming on its western or northern frontiers. The decision is likely to cause unease in both Islamabad and Beijing. The Indian Army has been given full autonomy to make rapid acquisitions. It is already in talks with domestic companies to deliver precision-guided systems, artillery shells and long-range strike equipment. These tools are being treated as essentials for operations ranging from counter-terror missions to high-altitude defence posturing. One of the most notable acquisitions is the Nagastra 1R loitering munition. The Army has placed an order worth Rs 158 crore with Solar Industries to procure 450 units. These munitions are already deployed in select sectors and have proven effective. Capable of eliminating infiltrators and destroying enemy infrastructure along the Line of Control, the new batch is expected to be delivered within a year. Another key addition is the hybrid mini Unmanned Aerial Vehicle (UAV) – a fixed-wing VTOL system that can take off and land vertically. It has been tested thoroughly by two high-level technical committees to ensure that no components are of Chinese origin. These UAVs have been field-tested during recent military exercises and are now approved for frontline use. Behind these decisions is a larger plan. The Army is drawing up contracts worth tens of thousands of crores. In the coming weeks, purchases totalling Rs 44,000 crore are on the table. These include long-range strike weapons, smart jammers, advanced radars and an arsenal of ammunition built for sustained warfare. The Army's focus remains sharp on 'long-range vectors' – systems capable of hitting deep inside enemy territory without needing boots on the ground. The need for stronger air defences is also high on the list. After 'Operation Sindoor', where Pakistani drones posed a serious threat, the Army wants to deploy low-altitude radars and anti-drone systems in more locations. These tools were critical during that operation and are now seen as a core component of India's future defence architecture. A new security doctrine is quietly taking shape. It favours homegrown innovation, battlefield autonomy and 24x7 readiness. The Army is also ensuring that modernisation does not get entangled in red tape. Instead of waiting years for approvals, it is now signing faster contracts with domestic vendors. This is no ordinary procurement push. It is a recalibration of India's military approach in a world where regional conflicts can spill across borders within hours. As global powers react to the Israel-Iran war, India is making its own moves – which appear to be calculated, quiet and deeply strategic.


Time of India
34 minutes ago
- Time of India
Govt board to help traders in city, raise investment
New Delhi: Delhi govt will form the Delhi Traders' Welfare Board, a platform dedicated to making the city more trader-friendly, chief minister Rekha Gupta said on Wednesday. The formation of the board was one of the key promises made by BJP in its manifesto before the Assembly polls. "Under this, govt aims to revitalise trade and industry in the city. The board will play a crucial role in promoting the interests of traders and contributing to the city's economic growth," Gupta said. It will focus on policy formation, regulatory challenges, welfare of traders, boosting employment and investment, she added. You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi The chief minister said that the board will be chaired by industries minister Manjinder Singh Sirsa and have a 15-member committee, including nine trade activists and six govt officials. "Under this, govt will also provide a grant-in-aid of Rs 10 crore, which was allocated in the budget and will be used for welfare schemes," the chief minister added. The board will provide legal aid, organise events and create an IT portal to facilitate communication between the govt and traders, Gupta said. "The board aims to simplify regulatory framework, streamline processes to ease regulatory challenges for traders, provide welfare schemes, and ensure their well-being and support... It will also foster an environment that promotes employment and investment opportunities," the CM said. The board will also act as a bridge between govt and the trading community, conveying their suggestions and concerns directly to policymakers. Gupta added, "Traders and industry stakeholders in Delhi have long faced issues such as lack of an effective grievance platform, exclusion from policy-making, regulatory complexity, and insufficient social security." "The approval of the formation of the board by Delhi govt is a historic and welcome decision for traders. This step will definitely promote ease of doing business and will prove to be a milestone towards making Delhi investment-friendly," Nitin Gupta, president of the Kamala Nagar Traders' Association, said.


Time of India
an hour ago
- Time of India
MSIL to revamp chit fund biz through app, eyes Rs 10K-cr mkt
Bengaluru: Karnataka govt is revamping Mysore Sales International Ltd's (MSIL) chit fund operations aiming to generate up to Rs 10,000 crore annually in a move that seeks to formalise and scale up the state's presence in the informal savings market. Industries minister MB Patil held a meeting with MSIL officials late Tuesday evening to chart a new course for the state-owned entity. "The present chit fund business is roughly Rs 500 crore annually, while Kerala has an annual turnover of Rs 50,000 crore to Rs 70,000 crore. Karnataka's aim is to increase the business to Rs 10,000 crore," said an industries department official present at the meeting. To drive this transformation, the state will launch a mobile app and build a dedicated agent network to bring formal structure and transparency to the chit fund operations. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru MSIL managing director Manoj Kumar said the initiative will make chit funds safe, secure and accessible to all sections of society. "While MSIL was in the chit fund business for over two decades, it is only known to be a supplier of liquor in the state. Now, we're revamping our brand and opening MSIL chit funds, which will have a corpus of anywhere between Rs 1 lakh and Rs 1 crore," he said. Kumar said the mobile app — already tested — is ready for rollout. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo It will allow members to manage subscriptions, track payments and handle accounts. "MSIL managed as much as Rs 500 crore through books till recently. Now, with the mobile application being developed, we expect it to be seamless and secure through digital transactions," he added. To extend its reach, MSIL will recruit agents at district and taluk levels. "We are considering enrolling retired bankers at the district levels to act as the foramen of the chit fund business and deploy agents with the incentive, apart from a 5% commission," Kumar said. Among the products planned is flagship Micro Chits, aimed at serving financially excluded sections of society. "The revamp is to ensure there is financial inclusion of those who cannot approach banks for credit or savings. In an unstable market, the Karnataka govt is leveraging its name for the chit funds to be floated by MSIL," said Patil. The state hopes that by bringing legitimacy and digital infrastructure to the chit fund space, MSIL can become a trusted financial platform — moving far beyond its liquor-retailing legacy.