GKW (GKWLIMITED) Q2 24/25 earnings summary

Executive summary

• Unaudited financial results for the quarter and half-year ended September 30, 2024, were approved by the Board on November 12, 2024.

• Statutory auditors conducted a limited review and found no material misstatements in the financial statements.

Financial highlights

• Total income for Q2 FY25 was ₹1,461.95 lakhs, up from ₹1,019.60 lakhs in Q1 FY25 and ₹1,158.17 lakhs in Q2 FY24.

• Profit before tax for Q2 FY25 was ₹939.98 lakhs, compared to ₹348.29 lakhs in Q1 FY25 and ₹137.72 lakhs in Q2 FY24.

• Profit after tax for Q2 FY25 was ₹1,164.00 lakhs, compared to ₹60.53 lakhs in Q1 FY25 and ₹107.38 lakhs in Q2 FY24.

• Earnings per share (not annualised) for H1 FY25 was ₹11.21, compared to ₹3.79 in H1 FY24.

Outlook and guidance

• The company entered a Joint Development Agreement with Anthurium Developers Limited for a mixed-use project on its land at Village Kanjur, Bhandup West.