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Gandhi Special Tubes standalone net profit rises 21.49% in the September 2020 quarter

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Capital Market

Sales rise 42.63% to Rs 25.66 crore

Net profit of Gandhi Special Tubes rose 21.49% to Rs 8.14 crore in the quarter ended September 2020 as against Rs 6.70 crore during the previous quarter ended September 2019. Sales rose 42.63% to Rs 25.66 crore in the quarter ended September 2020 as against Rs 17.99 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales25.6617.99 43 OPM %39.9828.18 -PBDT11.807.19 64 PBT10.966.32 73 NP8.146.70 21

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First Published: Nov 11 2020 | 8:24 AM IST

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