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Gallantt Ispat standalone net profit declines 14.29% in the March 2015 quarter

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Capital Market

Sales rise 23.70% to Rs 154.71 crore

Net profit of Gallantt Ispat declined 14.29% to Rs 1.80 crore in the quarter ended March 2015 as against Rs 2.10 crore during the previous quarter ended March 2014. Sales rose 23.70% to Rs 154.71 crore in the quarter ended March 2015 as against Rs 125.07 crore during the previous quarter ended March 2014.

For the full year,net profit rose 80.97% to Rs 27.11 crore in the year ended March 2015 as against Rs 14.98 crore during the previous year ended March 2014. Sales rose 18.48% to Rs 560.74 crore in the year ended March 2015 as against Rs 473.28 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales154.71125.07 24 560.74473.28 18 OPM %5.648.04 -9.7810.53 - PBDT6.265.35 17 45.2134.41 31 PBT5.301.17 353 30.6117.47 75 NP1.802.10 -14 27.1114.98 81

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First Published: May 28 2015 | 8:19 AM IST

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