Gallantt Metal standalone net profit rises 53.14% in the March 2022 quarter

Sales rise 13.59% to Rs 863.09 crore

Net profit of Gallantt Metal rose 53.14% to Rs 88.90 crore in the quarter ended March 2022 as against Rs 58.05 crore during the previous quarter ended March 2021. Sales rose 13.59% to Rs 863.09 crore in the quarter ended March 2022 as against Rs 759.84 crore during the previous quarter ended March 2021.

For the full year,net profit rose 42.29% to Rs 175.84 crore in the year ended March 2022 as against Rs 123.58 crore during the previous year ended March 2021. Sales rose 43.33% to Rs 3017.38 crore in the year ended March 2022 as against Rs 2105.14 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales863.09759.84 14 3017.382105.14 43 OPM %12.7413.76 -9.8212.79 - PBDT148.07110.22 34 329.39256.34 28 PBT125.4185.86 46 237.30164.54 44 NP88.9058.05 53 175.84123.58 42

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