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Gallantt Metal consolidated net profit declines 68.84% in the June 2020 quarter

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Capital Market

Sales decline 48.73% to Rs 127.15 crore

Net profit of Gallantt Metal declined 68.84% to Rs 4.10 crore in the quarter ended June 2020 as against Rs 13.16 crore during the previous quarter ended June 2019. Sales declined 48.73% to Rs 127.15 crore in the quarter ended June 2020 as against Rs 247.99 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales127.15247.99 -49 OPM %3.695.86 -PBDT3.6913.76 -73 PBT0.3610.16 -96 NP4.1013.16 -69

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First Published: Jul 28 2020 | 2:39 PM IST

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