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Gandhi Special Tubes standalone net profit rises 165.64% in the December 2020 quarter

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Capital Market

Sales rise 97.29% to Rs 36.40 crore

Net profit of Gandhi Special Tubes rose 165.64% to Rs 12.06 crore in the quarter ended December 2020 as against Rs 4.54 crore during the previous quarter ended December 2019. Sales rose 97.29% to Rs 36.40 crore in the quarter ended December 2020 as against Rs 18.45 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales36.4018.45 97 OPM %42.5029.16 -PBDT16.956.80 149 PBT16.115.92 172 NP12.064.54 166

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First Published: Feb 08 2021 | 6:21 PM IST

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