Results - Announcements
Gujarat Credit Corporation Ltd share price softened by 4.93% to Rs 18.89 after the company's net profit plunged by 114.29% to Rs 0.01 crore, while revenue from operations remained flat to Rs 0.0 crore in Q3FY26 over Q2FY26.
The market capitalization of Other Financial Services industry group stocks on BSE stood at Rs 66646.34 crore, climbing 13.36%. It has marginally improved by 1.46% over last one week and crept higher by 7.35% in last one month while the market capitalization of Gujarat Credit Corporation Ltd has eased by 0.17% and 9.85% in the same period respectively.
Profit before tax (PBT) of Gujarat Credit Corporation Ltd stood at Rs 0.01 crore in Q3 FY26, nosediving by 112.50% year-on-year, and plunging by 112.50% quarter-on-quarter. EBITDA came in at Rs 0 crore, expanding by 112.50% YoY and tanking 34.62% sequentially.
Total expenses tumbled by 52.94% to Rs 0.08 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 0.04 crore, remaining flat YoY.
For the TTM ended FY26, revenue from operations remained flat , while net profit witnessed a sharp fall of 107.41% to Rs 0.02 crore, compared to previous TTM. EBITDA saw a sharp decline of 162% to Rs 0.58 crore, and PBT collapsed by 107.14% to Rs 0.02 crore compared to previous TTM.
Gujarat Credit Corporation Ltd nosedived by 26.35% in last one year, underperforming the benchmark BSE Sensex which has reduced by 13.52% during the same period.