Gallantt Metal net profit declines 61.35% in the March 2014 quarter

Sales rise 7.38% to Rs 179.88 crore

Net profit of Gallantt Metal declined 61.35% to Rs 3.83 crore in the quarter ended March 2014 as against Rs 9.91 crore during the previous quarter ended March 2013. Sales rose 7.38% to Rs 179.88 crore in the quarter ended March 2014 as against Rs 167.51 crore during the previous quarter ended March 2013.

For the full year,net profit declined 52.57% to Rs 15.06 crore in the year ended March 2014 as against Rs 31.75 crore during the previous year ended March 2013. Sales rose 1.08% to Rs 669.90 crore in the year ended March 2014 as against Rs 662.74 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales179.88167.51 7 669.90662.74 1 OPM %7.219.74 -6.458.27 - PBDT9.5915.39 -38 33.2149.17 -32 PBT4.8511.41 -57 16.0833.25 -52 NP3.839.91 -61 15.0631.75 -53

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