Gallantt Ispat consolidated net profit declines 92.36% in the December 2019 quarter

Sales decline 28.63% to Rs 244.82 crore

Net profit of Gallantt Ispat declined 92.36% to Rs 2.81 crore in the quarter ended December 2019 as against Rs 36.78 crore during the previous quarter ended December 2018. Sales declined 28.63% to Rs 244.82 crore in the quarter ended December 2019 as against Rs 343.01 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales244.82343.01 -29 OPM %4.9913.77 -PBDT10.1346.61 -78 PBT3.7440.14 -91 NP2.8136.78 -92

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