 "Mangalore Chemicals posts net profit of Rs 11 crore for June quarter")
Mangalore Chemicals and Fertilisers Ltd (MCFL) on Thursday posted a net profit of Rs 11.01 crore for the quarter ended June.
The company had reported a net loss of Rs 4.64 crore in the same quarter of previous fiscal, according to the regulatory filing.
Net income declined to Rs 535.34 crore in the April-June quarter from Rs 746.10 crore in the year-ago period.
Expenses in the said period also remained lower at Rs 517.68 crore as against Rs 745.97 crore in the year-ago quarter.
Shares of the company settled lower 0.14 per cent at Rs 35.80 apiece on the BSE.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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