Mangalam Organics standalone net profit rises 225.27% in the March 2018 quarter

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Sales rise 26.73% to Rs 56.42 crore
Net profit of Mangalam Organics rose 225.27% to Rs 2.96 crore in the quarter ended March 2018 as against Rs 0.91 crore during the previous quarter ended March 2017. Sales rose 26.73% to Rs 56.42 crore in the quarter ended March 2018 as against Rs 44.52 crore during the previous quarter ended March 2017.For the full year,net profit rose 199.38% to Rs 14.46 crore in the year ended March 2018 as against Rs 4.83 crore during the previous year ended March 2017. Sales rose 36.44% to Rs 240.83 crore in the year ended March 2018 as against Rs 176.51 crore during the previous year ended March 2017.
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First Published: May 21 2018 | 3:45 PM IST