Sales decline 66.74% to Rs 3.04 crore
Net profit of Magna Industries & Exports rose 35.71% to Rs 0.38 crore in the quarter ended March 2016 as against Rs 0.28 crore during the previous quarter ended March 2015. Sales declined 66.74% to Rs 3.04 crore in the quarter ended March 2016 as against Rs 9.14 crore during the previous quarter ended March 2015.For the full year,net profit rose 13.56% to Rs 0.67 crore in the year ended March 2016 as against Rs 0.59 crore during the previous year ended March 2015. Sales declined 29.50% to Rs 20.60 crore in the year ended March 2016 as against Rs 29.22 crore during the previous year ended March 2015.
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