Gallantt Ispat consolidated net profit rises 49.52% in the March 2021 quarter

Sales rise 70.26% to Rs 404.60 crore

Net profit of Gallantt Ispat rose 49.52% to Rs 48.61 crore in the quarter ended March 2021 as against Rs 32.51 crore during the previous quarter ended March 2020. Sales rose 70.26% to Rs 404.60 crore in the quarter ended March 2021 as against Rs 237.64 crore during the previous quarter ended March 2020.

For the full year,net profit rose 103.75% to Rs 123.41 crore in the year ended March 2021 as against Rs 60.57 crore during the previous year ended March 2020. Sales rose 7.55% to Rs 1097.14 crore in the year ended March 2021 as against Rs 1020.10 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales404.60237.64 70 1097.141020.10 8 OPM %13.105.43 -14.346.31 - PBDT50.8243.12 18 148.4788.83 67 PBT45.1737.55 20 125.9164.88 94 NP48.6132.51 50 123.4160.57 104

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