Latest news with #GTVEngineering
Business Standard
11 hours ago
- Business
- Business Standard
GTV Engg rises after securing Rs 2-cr export order from Metso India
GTV Engineering advanced 1.42% to Rs 1,088.95 after the company announced that it has secured a prestigious export order worth Rs 2.19 crore from Metso India. As per a regulatory filing, the order involves the manufacturing of five sets of pelletizing disc assemblies, which are critical components used in steel plants. These assemblies will be installed at an iron ore mining and processing facility in Nashwauk, Minnesota, USA. The execution timeline for the order is seven months. The company further clarified that the purchase order was accepted via email on 14 June 2025 (Saturday), and the disclosure was made to BSE on 16 June 2025 (Monday), which was the next working day following the acceptance. GTV Engineering is engaged in high-tech steel fabrication. The company operates state-of-the-art manufacturing facilities spread over 11 acres, comprising two manufacturing units. It has a monthly production capacity of 1,000 tons and employs a workforce of approximately 300 people. The company's standalone net profit surged 84.5% to Rs 4.30 crore, while net sales fell 30.2% to Rs 22.39 crore in Q4 March 2025 over Q4 March 2024.
Business Standard
06-05-2025
- Business
- Business Standard
GTV Engineering standalone net profit rises 84.55% in the March 2025 quarter
Sales decline 30.18% to Rs 22.39 crore Net profit of GTV Engineering rose 84.55% to Rs 4.30 crore in the quarter ended March 2025 as against Rs 2.33 crore during the previous quarter ended March 2024. Sales declined 30.18% to Rs 22.39 crore in the quarter ended March 2025 as against Rs 32.07 crore during the previous quarter ended March 2024. For the full year,net profit remain constant at Rs 5.41 crore in the year ended March 2025 and also during the previous year ended March 2024. Sales remain constant at Rs 120.62 crore in the year ended March 2025 and also during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 22.3932.07 -30 120.62120.62 0 OPM % 28.413.49 - 4.514.51 - PBDT 6.233.08 102 7.697.69 0 PBT 6.032.82 114 6.806.80 0 NP 4.302.33 85 5.415.41 0
