Mangal Credit & Fincorp reports standalone net loss of Rs 1.16 crore in the June 2015 quarter

Sales decline 71.35% to Rs 0.98 crore

Net loss of Mangal Credit & Fincorp reported to Rs 1.16 crore in the quarter ended June 2015 as against net profit of Rs 0.49 crore during the previous quarter ended June 2014. Sales declined 71.35% to Rs 0.98 crore in the quarter ended June 2015 as against Rs 3.42 crore during the previous quarter ended June 2014. ParticularsQuarter EndedJun. 2015Jun. 2014% Var.Sales0.983.42 -71 OPM %-10.2084.21 -PBDT-1.050.74 PL PBT-1.160.61 PL NP-1.160.49 PL

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