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Gujarat Automotive Gears standalone net profit rises 9.93% in the December 2017 quarter

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Capital Market

Sales decline 13.65% to Rs 7.21 crore

Net profit of Gujarat Automotive Gears rose 9.93% to Rs 1.55 crore in the quarter ended December 2017 as against Rs 1.41 crore during the previous quarter ended December 2016. Sales declined 13.65% to Rs 7.21 crore in the quarter ended December 2017 as against Rs 8.35 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales7.218.35 -14 OPM %20.3924.67 -PBDT2.392.20 9 PBT2.322.12 9 NP1.551.41 10

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First Published: Feb 01 2018 | 6:34 PM IST

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