Gujarat Toolroom consolidated net profit rises 6790.41% in the March 2024 quarter

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Gujarat Toolroom Ltd. Company Profile

Gujarat Toolroom Ltd. is a company that produces molds for various industries, such as medical disposables, pharmaceuticals, food and beverage packaging, caps and closures, and writing instruments. They specialize in syringe molding and manufacturing molds for various products.

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In the March 2024 quarter, Gujarat Toolroom saw a significant increase in net profit to Rs 50.30 crore from Rs 0.73 crore in the same quarter of 2023. Sales also experienced a substantial rise to Rs 376.30 crore from Rs 1.64 crore in the previous year's corresponding quarter.

Over the full year ending in March 2024, net profit surged to Rs 17.62 crore from Rs 1.39 crore in the prior year, while sales soared to Rs 555.37 crore from Rs 2.41 crore in the previous year's total revenue.

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