Gita Renewable Energy Past Earnings Performance
Past criteria checks 3/6
Gita Renewable Energy has been growing earnings at an average annual rate of 43.1%, while the Renewable Energy industry saw earnings growing at 28.7% annually. Revenues have been growing at an average rate of 24.3% per year. Gita Renewable Energy's return on equity is 2.3%, and it has net margins of 373.4%.
Key information
43.1%
Earnings growth rate
44.0%
EPS growth rate
| Renewable Energy Industry Growth | 39.8% |
| Revenue growth rate | 24.3% |
| Return on equity | 2.3% |
| Net Margin | 373.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Gita Renewable Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 1 | 3 | 2 | 0 |
| 31 Mar 24 | 1 | 3 | 2 | 0 |
| 31 Dec 23 | 1 | 2 | 3 | 0 |
| 30 Sep 23 | 1 | 60 | 3 | 0 |
| 30 Jun 23 | 88 | 74 | 4 | 0 |
| 31 Mar 23 | 2 | 79 | 4 | 0 |
| 31 Dec 22 | 33 | 118 | 3 | 0 |
| 30 Sep 22 | 38 | 25 | 3 | 0 |
| 30 Jun 22 | 38 | 28 | 2 | 0 |
| 31 Mar 22 | 2 | 24 | 2 | 0 |
| 31 Dec 21 | 21 | -9 | 2 | 0 |
| 30 Sep 21 | 21 | -103 | 1 | 0 |
| 30 Jun 21 | 8 | -133 | 1 | 0 |
| 31 Mar 21 | 4 | -141 | 1 | 0 |
| 31 Dec 20 | 4 | -151 | 1 | 0 |
| 30 Sep 20 | 4 | -31 | 1 | 0 |
| 30 Jun 20 | 5 | -18 | 1 | 0 |
| 31 Mar 20 | 5 | -17 | 1 | 0 |
| 31 Dec 19 | 4 | -20 | 1 | 0 |
| 30 Sep 19 | 4 | -19 | 1 | 0 |
| 30 Jun 19 | 4 | -19 | 0 | 0 |
| 31 Mar 19 | 4 | -19 | 0 | 0 |
| 31 Dec 18 | 3 | -17 | 0 | 0 |
| 30 Sep 18 | 2 | -18 | 0 | 0 |
| 30 Jun 18 | 1 | -19 | 0 | 0 |
| 31 Mar 18 | 0 | -20 | 0 | 0 |
| 31 Dec 17 | 0 | -5 | 0 | 0 |
| 30 Sep 17 | 0 | -8 | 0 | 0 |
| 30 Jun 17 | -4 | -15 | 0 | 0 |
| 31 Mar 17 | 0 | -15 | 0 | 0 |
| 31 Dec 16 | 1 | -9 | 0 | 0 |
| 30 Sep 16 | 5 | -4 | 0 | 0 |
| 30 Jun 16 | 31 | 15 | 0 | 0 |
| 31 Mar 16 | 31 | 11 | 0 | 0 |
| 31 Dec 15 | 30 | -25 | 2 | 0 |
| 30 Sep 15 | 29 | -23 | 2 | 0 |
| 30 Jun 15 | 35 | -20 | 2 | 0 |
| 31 Mar 15 | 41 | -16 | 1 | 0 |
| 31 Mar 14 | 44 | -4 | 1 | 0 |
Quality Earnings: 539013 has high quality earnings.
Growing Profit Margin: 539013's current net profit margins are higher than last year (83.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 539013 has become profitable over the past 5 years, growing earnings by 43.1% per year.
Accelerating Growth: 539013's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 539013 had negative earnings growth (-95.7%) over the past year, making it difficult to compare to the Renewable Energy industry average (12%).
Return on Equity
High ROE: 539013's Return on Equity (2.3%) is considered low.