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G G Automotive Gears reports standalone net profit of Rs 0.25 crore in the March 2022 quarter

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Capital Market

Sales rise 167.19% to Rs 15.31 crore

Net profit of G G Automotive Gears reported to Rs 0.25 crore in the quarter ended March 2022 as against net loss of Rs 0.67 crore during the previous quarter ended March 2021. Sales rose 167.19% to Rs 15.31 crore in the quarter ended March 2022 as against Rs 5.73 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 0.42 crore in the year ended March 2022 as against net loss of Rs 2.46 crore during the previous year ended March 2021. Sales rose 58.05% to Rs 47.51 crore in the year ended March 2022 as against Rs 30.06 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales15.315.73 167 47.5130.06 58 OPM %10.452.09 -12.216.39 - PBDT1.12-0.25 LP 3.660.16 2188 PBT0.22-1.13 LP 0.43-2.92 LP NP0.25-0.67 LP 0.42-2.46 LP

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First Published: May 17 2022 | 8:12 AM IST

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