Gallantt Ispat consolidated net profit rises 0.53% in the March 2020 quarter

Sales decline 23.97% to Rs 237.64 crore

Net profit of Gallantt Ispat rose 0.53% to Rs 32.51 crore in the quarter ended March 2020 as against Rs 32.34 crore during the previous quarter ended March 2019. Sales declined 23.97% to Rs 237.64 crore in the quarter ended March 2020 as against Rs 312.56 crore during the previous quarter ended March 2019.

For the full year,net profit declined 63.02% to Rs 60.57 crore in the year ended March 2020 as against Rs 163.79 crore during the previous year ended March 2019. Sales declined 17.02% to Rs 1020.10 crore in the year ended March 2020 as against Rs 1229.27 crore during the previous year ended March 2019.

 

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales237.64312.56 -24 1020.101229.27 -17 OPM %5.439.46 -6.3115.30 - PBDT43.1227.61 56 88.83180.43 -51 PBT37.5521.11 78 64.88154.53 -58 NP32.5132.34 1 60.57163.79 -63

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