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

Capital Market

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.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales56.4244.52 27 240.83176.51 36 OPM %12.972.13 -10.466.82 - PBDT7.510.30 2403 23.898.26 189 PBT5.68-0.96 LP 18.392.96 521 NP2.960.91 225 14.464.83 199

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First Published: May 21 2018 | 3:45 PM IST

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