G G Automotive Gears standalone net profit declines 23.40% in the March 2018 quarter

Sales rise 35.66% to Rs 13.62 crore

Net profit of G G Automotive Gears declined 23.40% to Rs 0.36 crore in the quarter ended March 2018 as against Rs 0.47 crore during the previous quarter ended March 2017. Sales rose 35.66% to Rs 13.62 crore in the quarter ended March 2018 as against Rs 10.04 crore during the previous quarter ended March 2017.

For the full year,net profit rose 228.75% to Rs 2.63 crore in the year ended March 2018 as against Rs 0.80 crore during the previous year ended March 2017. Sales rose 50.62% to Rs 42.34 crore in the year ended March 2018 as against Rs 28.11 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales13.6210.04 36 42.3428.11 51 OPM %19.0912.45 -18.5411.21 - PBDT2.281.07 113 6.412.48 158 PBT1.000.44 127 3.630.85 327 NP0.360.47 -23 2.630.80 229

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