July 21, 2017 7:38 AM ET

Machinery

Company Overview of Gujarat Apollo Industries Limited

Company Overview

Gujarat Apollo Industries Limited, together with its subsidiaries, manufactures and sells equipment for quarrying, construction, and mining industries in India. It offers crushing screening and recycling equipment, including stationary crushing and screening plants, jaw and cone crushers, primary and secondary shaft impact crushers, vertical shaft impact crushers, and bucket crushers; mobile bridge inspection units; and coal sampling equipment, as well as maintenance machineries. 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 Limited

Managing Director and Executive Director
Age: 49
Compensation as of Fiscal Year 2016.

Gujarat Apollo Industries Limited Key Developments

Gujarat Apollo Industries Limited Announces Unaudited Standalone Earnings Results for the Fourth Quarter and Consolidated and Standalone Earnings Results for the Year Ended March 31, 2017

Gujarat Apollo Industries Limited announced unaudited standalone earnings results for the fourth quarter and consolidated and standalone earnings results for the year ended March 31, 2017. For the quarter, on standalone basis, the company reported net sales of INR 217.12 million compared to INR 222.63 million a year ago. Loss before exceptional items, tax and extra-ordinary activities was INR 6.099 million compared to INR 45.172 million a year ago. Loss before tax and extraordinary activities was INR 63.068 million compared to INR 45.172 million a year ago. Net loss after tax and extraordinary activities was INR 40.381 million compared to INR 41.003 million a year ago. Net loss after taxes, minority interest and share of loss of associates was INR 40.381 million or INR 2.96 per basic and diluted share compared to INR 41.003 million or INR 2.76 per diluted share a year ago. For the year, on standalone basis, the company reported net sales of INR 649.627 million compared to INR 754.544 million a year ago. Profit before exceptional items, tax and extra-ordinary activities was INR 184.435 million compared to loss before exceptional items, tax and extra-ordinary activities of INR 40.843 million a year ago. Profit before tax and extraordinary activities was INR 78.002 million compared to loss before tax and extraordinary activities of INR 40.843 million a year ago. Net profit after tax and extraordinary activities was INR 100.689 million compared to net loss after tax and extraordinary activities of INR 36.674 million a year ago. Net profit after taxes, minority interest and share of profit of associates was INR 100.689 million or INR 7.37 per basic and diluted share compared to net loss after taxes, minority interest and share of loss of associates of INR 36.674 million or INR 2.47 per diluted share a year ago. For the year, on consolidated basis, the company reported net sales of INR 649.832 million compared to INR 791.498 million a year ago. Profit before exceptional items, tax and extra-ordinary activities was INR 262.738 million compared to INR 25.827 million a year ago. Profit before tax and extraordinary activities was INR 156.305 million compared to INR 25.827 million a year ago. Net profit after tax and extraordinary activities was INR 165.092 million compared to INR 33.078 million a year ago. Net profit after taxes, minority interest and share of profit of associates was INR 334.842 million or INR 24.51 per basic and diluted share compared to INR 190.969 million or INR 12.87 per diluted share a year ago.

Gujarat Apollo Industries Limited Recommends Dividend for the Financial Year 2016-17

Gujarat Apollo Industries Limited announced at the board meeting held on May 30, 2017 has approved and recommended a dividend of INR 2.50 per share for the financial year 2016-17, subject to the approval of the shareholders at the upcoming AGM.

Gujarat Apollo Industries Limited to Report Q4, 2017 Results on May 30, 2017

Gujarat Apollo Industries Limited announced that they will report Q4, 2017 results on May 30, 2017

Recent Private Companies Transactions

Type
Date
Target
Buyback
April 13, 2017
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