Mangalam Industrial Finance reports standalone net loss of Rs 0.62 crore in the March 2016 quarter

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Sales rise 1328.57% to Rs 1.00 crore
Net loss of Mangalam Industrial Finance reported to Rs 0.62 crore in the quarter ended March 2016 as against net profit of Rs 0.04 crore during the previous quarter ended March 2015. Sales rose 1328.57% to Rs 1.00 crore in the quarter ended March 2016 as against Rs 0.07 crore during the previous quarter ended March 2015.For the full year,net profit rose 300.00% to Rs 0.24 crore in the year ended March 2016 as against Rs 0.06 crore during the previous year ended March 2015. Sales rose 935.00% to Rs 2.07 crore in the year ended March 2016 as against Rs 0.20 crore during the previous year ended March 2015.
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First Published: May 25 2016 | 8:43 AM IST