Gallantt Ispat net profit declines 53.48% in the December 2013 quarter

Sales rise 9.59% to Rs 117.54 crore

Net profit of Gallantt Ispat declined 53.48% to Rs 2.54 crore in the quarter ended December 2013 as against Rs 5.46 crore during the previous quarter ended December 2012. Sales rose 9.59% to Rs 117.54 crore in the quarter ended December 2013 as against Rs 107.25 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales117.54107.25 10 OPM %9.38-5.01 -PBDT7.5111.05 -32 PBT3.216.82 -53 NP2.545.46 -53

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