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gangotri iron & steel co ltd (530945) Details

Gangotri Iron and Steel Company Limited manufactures and sells M.S. bars, M.S. billets, and thermex TMT bars primarily in India. The company was formerly known as Esskayjay Ispat Ltd. and changed its name to Gangotri Iron and Steel Company Limited in May 2000. Gangotri Iron and Steel Company Limited was incorporated in 1992 and is based in Patna, India.

Founded in 1992

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gangotri iron & steel co ltd (530945) Key Developments

Gangotri Iron & Steel Co., Ltd. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2014

Gangotri Iron & Steel Co., Ltd. announced unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported total income form operations INR 0.883 million against INR 283.711 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 11.050 million against profit from operations before other income, finance costs and exceptional items of INR 21.868 million a year ago. Loss from ordinary activities before tax was INR 7.332 million against INR 4.152 million a year ago. Net loss was INR 7.332 million against net profit of INR 4.152 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.27 against INR 0.15 a year ago.

Gangotri Iron & Steel Co., Ltd. Reports Unaudited Earnings Results for Third Quarter Ended December 31, 2013

Gangotri Iron & Steel Co., Ltd. reported unaudited earnings results for third quarter ended December 31, 2013. For the quarter, the company’s net sales/income from operations (net of excise duty) was INR 76.113 million compared to INR 221.531 million a year ago. Loss from operations before other income, finance cost and exceptional items were INR 23.685 million compared to INR 3.375 million a year ago. Loss from ordinary activities before tax was INR 52.664 million compared to INR 2.905 million a year ago. Net loss was INR 52.664 million or INR 1.96 per basic and diluted share compared to INR 2.905 million or INR 0.11 per basic and diluted share for the same period a year ago.

Gangotri Iron & Steel Co., Ltd. Announces Unaudited Financial Results for the Second Quarter Ended September 30, 2013

Gangotri Iron & Steel Co., Ltd. announced unaudited financial results for the second quarter ended September 30, 2013. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 287.8 million against INR 196.03 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 6.18 million against INR 4.81 million a year ago. Loss form ordinary activities before tax were INR 26.41 million against INR 5.06 million a year ago. Net loss was INR 26.41 million against INR 5.06 million a year ago.

 

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