Gallantt Ispat standalone net profit declines 34.63% in the September 2017 quarter

Capital Market 

Sales rise 3.91% to Rs 95.51 crore

Net profit of Gallantt Ispat declined 34.63% to Rs 9.42 crore in the quarter ended September 2017 as against Rs 14.41 crore during the previous quarter ended September 2016. Sales rose 3.91% to Rs 95.51 crore in the quarter ended September 2017 as against Rs 91.92 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales95.5191.92 4 OPM %14.4616.62 -PBDT13.2324.57 -46 PBT9.4821.99 -57 NP9.4214.41 -35

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First Published: Fri, December 15 2017. 17:49 IST