Mangalam Cement standalone net profit declines 50.57% in the March 2022 quarter

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Sales rise 9.78% to Rs 451.63 crore
Net profit of Mangalam Cement declined 50.57% to Rs 17.48 crore in the quarter ended March 2022 as against Rs 35.36 crore during the previous quarter ended March 2021. Sales rose 9.78% to Rs 451.63 crore in the quarter ended March 2022 as against Rs 411.38 crore during the previous quarter ended March 2021.For the full year,net profit declined 16.86% to Rs 77.71 crore in the year ended March 2022 as against Rs 93.47 crore during the previous year ended March 2021. Sales rose 20.01% to Rs 1566.05 crore in the year ended March 2022 as against Rs 1304.88 crore during the previous year ended March 2021.
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First Published: May 09 2022 | 8:15 AM IST