Gallantt Ispat Limited operates in the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gallantt Ispat Limited with three other
companies in this sector in INDIA :
Kamdhenu Ltd
(2020
sales of 9.62 billion Indian Rupees [US$131.69 million]
of which 77%
was Steel),
Gallantt Metal Limited
(8.65 billion Indian Rupees [US$118.42 million]
of which 100%
was Steel), and
Vardhman Special Steels Ltd
(8.46 billion Indian Rupees [US$115.84 million]
).
Sales Analysis.
Gallantt Ispat Limited reported sales of 10.20 billion Indian Rupees (US$139.65 million)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 17.0%
versus 2019, when the company's sales were 12.29 billion Indian Rupees .
Contributing to the drop in overall sales was the 17.4% decline
in Steel, from 11.06 billion Indian Rupees to 9.14 billion Indian Rupees .
There were also decreases in sales in
Power (down 16.5% to 1.67 billion Indian Rupees )
and
Agro (down 14.0% to 993.31 million Indian Rupees )
and
Real Estate (down 7.0% to 72.34 million Indian Rupees )
.
However, these declines were partially offset by the increase in sales of
Unallocated Income (up 1,664.9% to 360.91 million Indian Rupees )
.