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Mangalore Chemicals & Fertilizers standalone net profit declines 38.29% in the March 2021 quarter

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Capital Market

Sales rise 6.25% to Rs 598.41 crore

Net profit of Mangalore Chemicals & Fertilizers declined 38.29% to Rs 14.73 crore in the quarter ended March 2021 as against Rs 23.87 crore during the previous quarter ended March 2020. Sales rose 6.25% to Rs 598.41 crore in the quarter ended March 2021 as against Rs 563.20 crore during the previous quarter ended March 2020.

For the full year,net profit rose 3.95% to Rs 67.10 crore in the year ended March 2021 as against Rs 64.55 crore during the previous year ended March 2020. Sales declined 20.91% to Rs 2144.03 crore in the year ended March 2021 as against Rs 2710.84 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales598.41563.20 6 2144.032710.84 -21 OPM %7.845.32 -9.617.53 - PBDT40.1417.22 133 155.87115.80 35 PBT23.975.37 346 105.5670.43 50 NP14.7323.87 -38 67.1064.55 4

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First Published: May 17 2021 | 7:49 AM IST

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