Gallantt Ispat standalone net profit rises 23.26% in the March 2021 quarter

Sales rise 70.26% to Rs 404.60 crore

Net profit of Gallantt Ispat rose 23.26% to Rs 42.39 crore in the quarter ended March 2021 as against Rs 34.39 crore during the previous quarter ended March 2020. Sales rose 70.26% to Rs 404.60 crore in the quarter ended March 2021 as against Rs 237.64 crore during the previous quarter ended March 2020.

For the full year,net profit rose 78.36% to Rs 103.66 crore in the year ended March 2021 as against Rs 58.12 crore during the previous year ended March 2020. Sales rose 7.55% to Rs 1097.14 crore in the year ended March 2021 as against Rs 1020.10 crore during the previous year ended March 2020.

 

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales404.60237.64 70 1097.141020.10 8 OPM %13.135.43 -14.366.31 - PBDT60.6843.12 41 158.2588.83 78 PBT55.0437.55 47 135.6964.88 109 NP42.3934.39 23 103.6658.12 78

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