Mangalam Cement standalone net profit rises 418.38% in the March 2016 quarter

Sales decline 10.51% to Rs 210.23 crore

Net profit of Mangalam Cement rose 418.38% to Rs 14.10 crore in the quarter ended March 2016 as against Rs 2.72 crore during the previous quarter ended March 2015. Sales declined 10.51% to Rs 210.23 crore in the quarter ended March 2016 as against Rs 234.93 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 20.47 crore in the year ended March 2016 as against net profit of Rs 17.92 crore during the previous year ended March 2015. Sales declined 8.30% to Rs 833.05 crore in the year ended March 2016 as against Rs 908.43 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales210.23234.93 -11 833.05908.43 -8 OPM %16.568.58 -5.259.95 - PBDT27.0310.57 156 6.9656.03 -88 PBT17.091.76 871 -29.6122.41 PL NP14.102.72 418 -20.4717.92 PL

Powered by Capital Market - Live News