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Magellanic Cloud consolidated net profit declines 83.52% in the September 2019 quarter

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Capital Market

Sales decline 31.29% to Rs 39.86 crore

Net profit of Magellanic Cloud declined 83.52% to Rs 0.29 crore in the quarter ended September 2019 as against Rs 1.76 crore during the previous quarter ended September 2018. Sales declined 31.29% to Rs 39.86 crore in the quarter ended September 2019 as against Rs 58.01 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales39.8658.01 -31 OPM %3.014.55 -PBDT1.142.73 -58 PBT0.732.63 -72 NP0.291.76 -84

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First Published: Oct 31 2019 | 2:55 PM IST

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