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Gallantt Ispat standalone net profit rises 13.95% in the December 2016 quarter

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Capital Market

Sales decline 19.78% to Rs 114.50 crore

Net profit of Gallantt Ispat rose 13.95% to Rs 9.31 crore in the quarter ended December 2016 as against Rs 8.17 crore during the previous quarter ended December 2015. Sales declined 19.78% to Rs 114.50 crore in the quarter ended December 2016 as against Rs 142.74 crore during the previous quarter ended December 2015. ParticularsQuarter EndedDec. 2016Dec. 2015% Var.Sales114.50142.74 -20 OPM %12.409.53 -PBDT12.8512.20 5 PBT9.678.71 11 NP9.318.17 14

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First Published: Jan 20 2017 | 3:03 PM IST

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