Gallantt Metal consolidated net profit rises 412.01% in the March 2021 quarter

Sales rise 71.27% to Rs 355.24 crore

Net profit of Gallantt Metal rose 412.01% to Rs 37.94 crore in the quarter ended March 2021 as against Rs 7.41 crore during the previous quarter ended March 2020. Sales rose 71.27% to Rs 355.24 crore in the quarter ended March 2021 as against Rs 207.42 crore during the previous quarter ended March 2020.

For the full year,net profit rose 263.23% to Rs 81.40 crore in the year ended March 2021 as against Rs 22.41 crore during the previous year ended March 2020. Sales rose 16.42% to Rs 1007.05 crore in the year ended March 2021 as against Rs 865.05 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales355.24207.42 71 1007.05865.05 16 OPM %14.486.71 -11.033.73 - PBDT49.5313.52 266 103.6327.04 283 PBT44.2210.04 340 87.9812.89 583 NP37.947.41 412 81.4022.41 263

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