G G Automotive Gears standalone net profit rises 422.22% in the March 2017 quarter

Sales decline 4.65% to Rs 10.04 crore

Net profit of G G Automotive Gears rose 422.22% to Rs 0.47 crore in the quarter ended March 2017 as against Rs 0.09 crore during the previous quarter ended March 2016. Sales declined 4.65% to Rs 10.04 crore in the quarter ended March 2017 as against Rs 10.53 crore during the previous quarter ended March 2016.

For the full year,net profit rose 220.00% to Rs 0.80 crore in the year ended March 2017 as against Rs 0.25 crore during the previous year ended March 2016. Sales rose 30.44% to Rs 28.11 crore in the year ended March 2017 as against Rs 21.55 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales10.0410.53 -5 28.1121.55 30 OPM %12.456.36 -11.219.33 - PBDT1.070.70 53 2.481.85 34 PBT0.440.31 42 0.850.52 63 NP0.470.09 422 0.800.25 220

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