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June 01, 2015 11:43 PM ET

Machinery

Company Overview of Gujarat Apollo Industries Ltd.

Company Overview

Gujarat Apollo Industries Limited, together with its subsidiaries, manufactures and sells equipment for the construction and mining industry in India. The company also exports its products. Gujarat Apollo Industries Limited was incorporated in 1986 and is based in Ahmedabad, India.

Parishram

5-B, Rashmi Society

Near Mithakhali Circle

Navrangpura

Ahmedabad,  380009

India

Founded in 1986

Phone:

91 79 2644 4597

Fax:

91 79 2656 4705

Key Executives for Gujarat Apollo Industries Ltd.

Gujarat Apollo Industries Ltd. does not have any Key Executives recorded.

Gujarat Apollo Industries Ltd. Key Developments

Gujarat Apollo Industries Ltd. Recommends Dividend for the Fiscal Year 2015

Gujarat Apollo Industries Ltd. announced that at the board meeting held on May 30, 2015, the company recommended the dividend of INR 2.50 per equity share for the fiscal year 2015, subject to the approval of the shareholders at the ensuing Annual General Meeting.

Gujarat Apollo Industries Ltd. Reports Unaudited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015

Gujarat Apollo Industries Ltd. reported unaudited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter on standalone basis, the company reported net sales/income from operations of INR 203.427 million against INR 175.015 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 13.325 million against INR 75.100 million a year ago. Loss from ordinary activities before tax was INR 11.380 million against INR 55.437 million a year ago. Net loss for the period was INR 40.642 million against INR 5.990 million a year ago. Basic and diluted loss per share was INR 2.68 against INR 0.38 a year ago. For the year on standalone basis, the company reported net sales/income from operations of INR 674.633 million against INR 471.236 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 53.504 million against INR 119.428 million a year ago. Profit from ordinary activities before tax was INR 3.435 million against loss from ordinary activities before tax of INR 33.490 million a year ago. Net loss for the period was INR 25.827 million against net profit for the period of INR 1,359.653 million a year ago. Diluted loss per share was INR 1.68 against INR 82.25 a year ago. For the year on consolidated basis, the company reported net sales/income from operations of INR 808.552 million against INR 583.569 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 47.207 million against profit from operations before other income, finance costs and exceptional items of INR 68.938 million a year ago. Profit from ordinary activities before tax was INR 19.386 million against INR 109.604 million a year ago. Net loss for the period was INR 9.955 million against net profit for the period of INR 1,758.636 million a year ago. Diluted loss per share was INR 0.64 against diluted earnings per share of INR 106.64 a year ago.

Gujarat Apollo Industries Ltd. to Report Fiscal Year 2015 Results on May 30, 2015

Gujarat Apollo Industries Ltd. announced that they will report fiscal year 2015 results on May 30, 2015

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