Mangalam Industrial Finance reports standalone net profit of Rs 0.14 crore in the March 2017 quarter

Sales decline 6.00% to Rs 0.94 crore

Net profit of Mangalam Industrial Finance reported to Rs 0.14 crore in the quarter ended March 2017 as against net loss of Rs 0.62 crore during the previous quarter ended March 2016. Sales declined 6.00% to Rs 0.94 crore in the quarter ended March 2017 as against Rs 1.00 crore during the previous quarter ended March 2016.

For the full year,net profit rose 33.33% to Rs 0.32 crore in the year ended March 2017 as against Rs 0.24 crore during the previous year ended March 2016. Sales rose 287.44% to Rs 8.02 crore in the year ended March 2017 as against Rs 2.07 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.941.00 -6 8.022.07 287 OPM %29.79-51.00 -5.7416.91 - PBDT0.28-0.51 LP 0.460.35 31 PBT0.28-0.51 LP 0.460.35 31 NP0.14-0.62 LP 0.320.24 33

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