Gallantt Ispat standalone net profit rises 100.65% in the June 2016 quarter

Sales decline 6.45% to Rs 117.31 crore

Net profit of Gallantt Ispat rose 100.65% to Rs 15.45 crore in the quarter ended June 2016 as against Rs 7.70 crore during the previous quarter ended June 2015. Sales declined 6.45% to Rs 117.31 crore in the quarter ended June 2016 as against Rs 125.40 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales117.31125.40 -6 OPM %8.8110.89 -PBDT9.5811.76 -19 PBT6.448.23 -22 NP15.457.70 101

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