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GTPL Hathway touches roof on reporting over 2-fold jump in Q1 consolidated net profit
Jul-12-2019

GTPL Hathway is locked at upper circuit limit at Rs. 77.75, up by 12.95 points or 19.98% from its previous closing of Rs. 64.80 on the BSE.

The scrip opened at Rs. 69.05 and has touched a high and low of Rs. 77.75 and Rs. 67.50 respectively. So far 173042 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 107.50 on 17-Oct-2018 and a 52 week low of Rs. 53.15 on 10-Jul-2019.

Last one week high and low of the scrip stood at Rs. 77.75 and Rs. 53.15 respectively. The current market cap of the company is Rs. 874.40 crore.

The promoters holding in the company stood at 78.83%, while Institutions and Non-Institutions held 11.68% and 9.49% respectively.

GTPL Hathway has reported around 3-fold jump in its net profit at Rs 25.18 crore for the quarter ended June 30, 2019 as compared to Rs 9.56 crore for the same quarter in the previous year. Total income of the company increased by 59.17% at Rs 316.95 crore for Q1FY20 as compared Rs 199.13 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 29.45 crore for the quarter under review as compared to Rs 13.37 crore for the same quarter in the previous year. Total income of the company increased by 49.66% at Rs 454.30 crore for Q1FY20 as compared Rs 303.55 crore for the corresponding quarter previous year.

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