GANDHI SPECIAL TUBES has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Jun-18* | 3 Mar-19* | 3 Jun-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Net Sales | Rs m | 376 | 241 | 238 | -0.9% | -36.5% |
Other income | Rs m | 12 | 23 | 11 | -52.9% | -11.8% |
Turnover | Rs m | 388 | 264 | 249 | -5.5% | -35.7% |
Expenses | Rs m | 229 | 151 | 162 | 7.7% | -29.0% |
Gross profit | Rs m | 147 | 90 | 76 | -15.3% | -48.2% |
Depreciation | Rs m | 9 | 9 | 9 | -6.4% | -1.7% |
Interest | Rs m | 0 | 0 | 0 | 0.0% | 0.0% |
Profit before tax | Rs m | 151 | 104 | 78 | -24.5% | -47.9% |
Tax | Rs m | 38 | 29 | 21 | -28.6% | -44.7% |
Profit after tax | Rs m | 113 | 75 | 58 | -23.0% | -49.0% |
Gross profit margin | % | 39.1 | 37.3 | 31.9 | ||
Effective tax rate | % | 24.9 | 28.0 | 26.5 | ||
Net profit margin | % | 29.1 | 28.3 | 23.1 |
To see how GANDHI SPECIAL TUBES has performed over the last eight quarters,please visit here.
Over the last one year,GANDHI SPECIAL TUBES share price has moved down from Rs 380.9 to Rs 340.1, registering a Loss of Rs 40.8 or around 10.7%.
Meanwhile, the S&P BSE METAL Index is trading at Rs 9,075.7 (down 3.0%). Over the last one year it has moved down from 12,614.7 to 9,075.7, a gain of 3,539 points (down 28.1%).
Overall, the S&P BSE SENSEX is down 2.3% over the year.
At the current price of Rs 340.1, the price to earnings (P/E) ratio of GANDHI SPECIAL TUBES stands at 14.2 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.7 times.
For the quarter ended March 2019, GANDHI SPECIAL TUBES has posted a net profit of Rs 75 m (up 11.2% YoY). Sales on the other hand came in at Rs 241 m (down 14.1% YoY). Read on for a complete analysis of GANDHI SPECIAL TUBES's quarterly results.
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