Business Standard

Gallantt Metal consolidated net profit declines 56.02% in the March 2020 quarter

Image

Capital Market

Sales decline 22.15% to Rs 207.42 crore

Net profit of Gallantt Metal declined 56.02% to Rs 7.41 crore in the quarter ended March 2020 as against Rs 16.85 crore during the previous quarter ended March 2019. Sales declined 22.15% to Rs 207.42 crore in the quarter ended March 2020 as against Rs 266.43 crore during the previous quarter ended March 2019.

For the full year,net profit declined 78.52% to Rs 22.41 crore in the year ended March 2020 as against Rs 104.34 crore during the previous year ended March 2019. Sales declined 18.68% to Rs 865.05 crore in the year ended March 2020 as against Rs 1063.79 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales207.42266.43 -22 865.051063.79 -19 OPM %6.717.57 -3.7311.72 - PBDT13.5220.65 -35 27.04124.09 -78 PBT10.0417.12 -41 12.89110.00 -88 NP7.4116.85 -56 22.41104.34 -79

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 29 2020 | 5:10 PM IST

Explore News