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Gandhi Special Tubes standalone net profit rises 11.31% in the March 2019 quarter

Capital Market 

Sales decline 14.14% to Rs 24.05 crore

Net profit of Gandhi Special Tubes rose 11.31% to Rs 7.48 crore in the quarter ended March 2019 as against Rs 6.72 crore during the previous quarter ended March 2018. Sales declined 14.14% to Rs 24.05 crore in the quarter ended March 2019 as against Rs 28.01 crore during the previous quarter ended March 2018.

For the full year,net profit rose 15.07% to Rs 38.63 crore in the year ended March 2019 as against Rs 33.57 crore during the previous year ended March 2018. Sales rose 7.88% to Rs 122.91 crore in the year ended March 2019 as against Rs 113.93 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales24.0528.01 -14 122.91113.93 8 OPM %37.3430.85 -37.2136.08 - PBDT11.3110.34 9 53.4449.35 8 PBT10.389.39 11 49.7545.48 9 NP7.486.72 11 38.6333.57 15

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

First Published: Wed, May 29 2019. 16:26 IST
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