Gallantt Metal Limited operates in the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gallantt Metal Limited with three other
companies in this sector in INDIA :
Steel Exchange India Limited
(2020
sales of 7.81 billion Indian Rupees [US$106.74 million]
of which 96%
was Steel),
Beekay Steel Industries Ltd
(8.12 billion Indian Rupees [US$111.00 million]
), and
Vardhman Special Steels Ltd
(8.46 billion Indian Rupees [US$115.68 million]
).
Sales Analysis.
Gallantt Metal Limited reported sales of 8.65 billion Indian Rupees (US$118.25 million)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 18.7%
versus 2019, when the company's sales were 10.64 billion Indian Rupees .
Contributing to the drop in overall sales was the 78.9% decline
in Unallocated, from 54.02 million Indian Rupees to 11.42 million Indian Rupees .
There were also decreases in sales in
Steel (down 18.7% to 8.65 billion Indian Rupees )
.
However, these declines were partially offset by the increase in sales of
Power (up 3.1% to 1.56 billion Indian Rupees )
.