Mangalam Cement standalone net profit declines 50.57% in the March 2022 quarter

Sales rise 9.78% to Rs 451.63 crore

Net profit of Mangalam Cement declined 50.57% to Rs 17.48 crore in the quarter ended March 2022 as against Rs 35.36 crore during the previous quarter ended March 2021. Sales rose 9.78% to Rs 451.63 crore in the quarter ended March 2022 as against Rs 411.38 crore during the previous quarter ended March 2021.

For the full year,net profit declined 16.86% to Rs 77.71 crore in the year ended March 2022 as against Rs 93.47 crore during the previous year ended March 2021. Sales rose 20.01% to Rs 1566.05 crore in the year ended March 2022 as against Rs 1304.88 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales451.63411.38 10 1566.051304.88 20 OPM %12.2318.36 -13.9518.79 - PBDT46.2963.99 -28 181.40200.85 -10 PBT30.0847.51 -37 119.10137.93 -14 NP17.4835.36 -51 77.7193.47 -17

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