GOCL Corporation posts strong profit growth, boosted by divestments
GOCL Corporation Limited reported a consolidated net profit after tax of INR 1,23,657.60 lakhs for the half year ended September 30, 2025, a substantial rise from INR 4,168.96 lakhs in the prior year. This growth was primarily fueled by a profit of INR 1,16,056.17 lakhs from discontinued operations. Profit from continuing operations also saw an increase, reaching INR 7,601.43 lakhs for the half year, compared to INR 5,736.72 lakhs in the same period last year.
Total consolidated income for the half year ended September 30, 2025, was INR 14,219.27 lakhs, with revenue from operations contributing INR 561.20 lakhs and other income adding INR 13,658.07 lakhs. Earnings per share (basic and diluted) for continuing and discontinued operations were INR 249.44 for the half year, up from INR 8.41 in the previous year.
The company's board of directors met on November 13, 2025, to approve these results. Key strategic developments include the divestment of IDL Explosives Limited, generating INR 10,700 lakhs, and the sale of 142.65 acres of land in Kukatpally, recognizing a gain of INR 1,37,121.69 lakhs from discontinued operations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when GOCL Corporation publishes news
Free account required • Unsubscribe anytime