G G Automotive Gears standalone net profit declines 38.57% in the June 2019 quarter

Sales rise 17.04% to Rs 11.95 crore

Net profit of G G Automotive Gears declined 38.57% to Rs 0.43 crore in the quarter ended June 2019 as against Rs 0.70 crore during the previous quarter ended June 2018. Sales rose 17.04% to Rs 11.95 crore in the quarter ended June 2019 as against Rs 10.21 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales11.9510.21 17 OPM %15.0619.10 -PBDT1.231.50 -18 PBT0.510.80 -36 NP0.430.70 -39

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