Mangalam Organics standalone net profit rises 432.09% in the March 2019 quarter

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Sales rise 88.59% to Rs 106.40 crore
Net profit of Mangalam Organics rose 432.09% to Rs 15.75 crore in the quarter ended March 2019 as against Rs 2.96 crore during the previous quarter ended March 2018. Sales rose 88.59% to Rs 106.40 crore in the quarter ended March 2019 as against Rs 56.42 crore during the previous quarter ended March 2018.For the full year,net profit rose 402.49% to Rs 72.66 crore in the year ended March 2019 as against Rs 14.46 crore during the previous year ended March 2018. Sales rose 76.32% to Rs 424.62 crore in the year ended March 2019 as against Rs 240.83 crore during the previous year ended March 2018.
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First Published: May 11 2019 | 4:39 PM IST