Gallantt Metal standalone net profit rises 13.41% in the March 2016 quarter

Sales rise 5.13% to Rs 172.83 crore

Net profit of Gallantt Metal rose 13.41% to Rs 11.84 crore in the quarter ended March 2016 as against Rs 10.44 crore during the previous quarter ended March 2015. Sales rose 5.13% to Rs 172.83 crore in the quarter ended March 2016 as against Rs 164.39 crore during the previous quarter ended March 2015.

For the full year,net profit rose 22.47% to Rs 41.58 crore in the year ended March 2016 as against Rs 33.95 crore during the previous year ended March 2015. Sales declined 6.99% to Rs 669.97 crore in the year ended March 2016 as against Rs 720.33 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales172.83164.39 5 669.97720.33 -7 OPM %10.7010.79 -10.219.07 - PBDT16.8114.20 18 61.3753.64 14 PBT12.6011.30 12 43.8236.78 19 NP11.8410.44 13 41.5833.95 22

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