Gallantt Metal standalone net profit rises 376.62% in the March 2018 quarter

Sales rise 50.43% to Rs 268.19 crore

Net profit of Gallantt Metal rose 376.62% to Rs 25.69 crore in the quarter ended March 2018 as against Rs 5.39 crore during the previous quarter ended March 2017. Sales rose 50.43% to Rs 268.19 crore in the quarter ended March 2018 as against Rs 178.28 crore during the previous quarter ended March 2017.

For the full year,net profit rose 85.17% to Rs 49.33 crore in the year ended March 2018 as against Rs 26.64 crore during the previous year ended March 2017. Sales rose 33.72% to Rs 824.08 crore in the year ended March 2018 as against Rs 616.27 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales268.19178.28 50 824.08616.27 34 OPM %14.197.59 -11.038.58 - PBDT36.2710.95 231 84.3046.62 81 PBT33.036.52 407 69.3329.77 133 NP25.695.39 377 49.3326.64 85

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