Mahalaxmi Rubtech standalone net profit declines 50.72% in the March 2019 quarter

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Sales decline 6.22% to Rs 52.66 crore
Net profit of Mahalaxmi Rubtech declined 50.72% to Rs 0.68 crore in the quarter ended March 2019 as against Rs 1.38 crore during the previous quarter ended March 2018. Sales declined 6.22% to Rs 52.66 crore in the quarter ended March 2019 as against Rs 56.15 crore during the previous quarter ended March 2018.For the full year,net profit rose 29.40% to Rs 4.93 crore in the year ended March 2019 as against Rs 3.81 crore during the previous year ended March 2018. Sales declined 18.98% to Rs 184.57 crore in the year ended March 2019 as against Rs 227.80 crore during the previous year ended March 2018.
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First Published: May 25 2019 | 12:49 PM IST