Mangalore Refinery And Petrochemicals standalone net profit declines 72.09% in the March 2018 quarter

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Sales rise 12.42% to Rs 14990.66 crore
Net profit of Mangalore Refinery And Petrochemicals declined 72.09% to Rs 542.08 crore in the quarter ended March 2018 as against Rs 1942.42 crore during the previous quarter ended March 2017. Sales rose 12.42% to Rs 14990.66 crore in the quarter ended March 2018 as against Rs 13334.86 crore during the previous quarter ended March 2017.For the full year,net profit declined 38.96% to Rs 2224.12 crore in the year ended March 2018 as against Rs 3643.68 crore during the previous year ended March 2017. Sales rose 12.13% to Rs 48450.58 crore in the year ended March 2018 as against Rs 43207.88 crore during the previous year ended March 2017.
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First Published: May 16 2018 | 4:58 PM IST