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Gallantt Ispat standalone net profit rises 143.95% in the March 2019 quarter

Capital Market 

Sales rise 37.08% to Rs 312.56 crore

Net profit of Gallantt Ispat rose 143.95% to Rs 27.20 crore in the quarter ended March 2019 as against Rs 11.15 crore during the previous quarter ended March 2018. Sales rose 37.08% to Rs 312.56 crore in the quarter ended March 2019 as against Rs 228.02 crore during the previous quarter ended March 2018.

For the full year,net profit rose 142.86% to Rs 130.22 crore in the year ended March 2019 as against Rs 53.62 crore during the previous year ended March 2018. Sales rose 113.62% to Rs 1229.27 crore in the year ended March 2019 as against Rs 575.45 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales312.56228.02 37 1229.27575.45 114 OPM %9.4618.34 -15.3016.03 - PBDT27.6137.54 -26 180.4385.19 112 PBT21.1131.08 -32 154.5366.82 131 NP27.2011.15 144 130.2253.62 143

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 30 2019. 16:14 IST
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