Gallantt Ispat net profit declines 40.00% in the March 2014 quarter

Sales rise 24.05% to Rs 125.07 crore

Net profit of Gallantt Ispat declined 40.00% to Rs 2.10 crore in the quarter ended March 2014 as against Rs 3.50 crore during the previous quarter ended March 2013. Sales rose 24.05% to Rs 125.07 crore in the quarter ended March 2014 as against Rs 100.82 crore during the previous quarter ended March 2013.

For the full year,net profit rose 27.71% to Rs 14.98 crore in the year ended March 2014 as against Rs 11.73 crore during the previous year ended March 2013. Sales rose 15.15% to Rs 473.28 crore in the year ended March 2014 as against Rs 411.00 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales125.07100.82 24 473.28411.00 15 OPM %8.0414.22 -10.537.48 - PBDT5.359.51 -44 34.4132.31 6 PBT1.175.38 -78 17.4715.67 11 NP2.103.50 -40 14.9811.73 28

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