Gabriel India announced its fourth quarter results on Monday. The company's profit after tax (PAT) jumped 2.9 times (YoY) at Rs 25 crore versus Rs 6 crore in the same period last year. During the quarter, its EBITDA rose 1.4 times (YoY) at Rs 38 core as against Rs 16 crore last year. The company's operating profit margins stood at 13.5% versus 8.3% on a year-on-year basis.
Shared of the leading manufacturer of ride control products spurted 10% in Monday
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