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Gallantt Metal consolidated net profit declines 94.30% in the December 2019 quarter

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Capital Market

Sales decline 15.07% to Rs 224.12 crore

Net profit of Gallantt Metal declined 94.30% to Rs 1.05 crore in the quarter ended December 2019 as against Rs 18.41 crore during the previous quarter ended December 2018. Sales declined 15.07% to Rs 224.12 crore in the quarter ended December 2019 as against Rs 263.90 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales224.12263.90 -15 OPM %3.237.04 -PBDT4.9719.06 -74 PBT1.4515.62 -91 NP1.0518.41 -94

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First Published: Jan 20 2020 | 8:25 AM IST

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