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Gyscoal Alloys Ltd.

BSE: 533275 Sector: Metals & Mining
NSE: GAL ISIN Code: INE482J01021
BSE LIVE 09:58 | 18 Dec 8.00 0.09
(1.14%)
OPEN

7.75

HIGH

8.00

LOW

7.75

NSE 09:30 | 18 Dec 7.75 -0.20
(-2.52%)
OPEN

8.20

HIGH

8.20

LOW

7.75

OPEN 7.75
PREVIOUS CLOSE 7.91
VOLUME 3675
52-Week high 14.95
52-Week low 5.45
P/E
Mkt Cap.(Rs cr) 127
Buy Price 7.76
Buy Qty 4989.00
Sell Price 8.00
Sell Qty 595.00
OPEN 7.75
CLOSE 7.91
VOLUME 3675
52-Week high 14.95
52-Week low 5.45
P/E
Mkt Cap.(Rs cr) 127
Buy Price 7.76
Buy Qty 4989.00
Sell Price 8.00
Sell Qty 595.00

Gyscoal Alloys Ltd. (GAL) - Chairman Speech

Company chairman speech

GYSCOAL ALLOYS LIMITED ANNUAL REPORT 2006-2007 CHAIRMAN'S REPORT During the current financial year we have focussed our efforts on improving the performance of our operating plants in order to maintain high quality performance of our operating plants in order to maintain high quality standards and achieve growth prospects. We have taken initiative to utilize 80% of our installed capacity this year and also plan to establish a new Steel Melting Shop consisting of Furnace, AOD, & Caster and having melting capacity of 1 Lac Ton p.a. We are also entering in two products like Black Bar & Bright Bar in this year. We have also taken initiatives to put systems in place for better the financial and operational control. We continue to use the best domestic and international equipment suppliers for our production/projects. I would like to take this opportunity to express my sincere gratitude to our team of professionals for their commitment, dedication and hard work which had been the key to our growth. The sales during the year has significantly increased from Rs.3154.66 Lacs to Rs.6986.98 Lacs. The sales during the year has grown by 121.48% as compared to last year due to the expansion projects of the company. The profit of before and after tax has risen significantly from the last year figures. The profit before tax has increased by 386.55% and Profit After Tax has raised by 396.06% as compared to last year's profit. Viral M. Shah (Chairman)