Gallantt Metal standalone net profit rises 376.62% in the March 2018 quarter

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Sales rise 50.43% to Rs 268.19 crore
Net profit of Gallantt Metal rose 376.62% to Rs 25.69 crore in the quarter ended March 2018 as against Rs 5.39 crore during the previous quarter ended March 2017. Sales rose 50.43% to Rs 268.19 crore in the quarter ended March 2018 as against Rs 178.28 crore during the previous quarter ended March 2017.For the full year,net profit rose 85.17% to Rs 49.33 crore in the year ended March 2018 as against Rs 26.64 crore during the previous year ended March 2017. Sales rose 33.72% to Rs 824.08 crore in the year ended March 2018 as against Rs 616.27 crore during the previous year ended March 2017.
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First Published: May 21 2018 | 3:31 PM IST