Mangalam Cement standalone net profit rises 829.34% in the March 2020 quarter

Sales decline 6.69% to Rs 296.80 crore

Net profit of Mangalam Cement rose 829.34% to Rs 15.52 crore in the quarter ended March 2020 as against Rs 1.67 crore during the previous quarter ended March 2019. Sales declined 6.69% to Rs 296.80 crore in the quarter ended March 2020 as against Rs 318.09 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 75.90 crore in the year ended March 2020 as against net loss of Rs 9.74 crore during the previous year ended March 2019. Sales rose 2.39% to Rs 1228.25 crore in the year ended March 2020 as against Rs 1199.60 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales296.80318.09 -7 1228.251199.60 2 OPM %15.506.19 -16.234.76 - PBDT36.0113.63 164 165.8230.19 449 PBT23.442.22 956 117.14-15.93 LP NP15.521.67 829 75.90-9.74 LP

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