Mangalam Organics consolidated net profit rises 157.12% in the March 2021 quarter

Sales rise 17.25% to Rs 96.05 crore

Net profit of Mangalam Organics rose 157.12% to Rs 33.04 crore in the quarter ended March 2021 as against Rs 12.85 crore during the previous quarter ended March 2020. Sales rose 17.25% to Rs 96.05 crore in the quarter ended March 2021 as against Rs 81.92 crore during the previous quarter ended March 2020.

For the full year,net profit rose 77.05% to Rs 84.88 crore in the year ended March 2021 as against Rs 47.94 crore during the previous year ended March 2020. Sales declined 9.69% to Rs 338.24 crore in the year ended March 2021 as against Rs 374.52 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales96.0581.92 17 338.24374.52 -10 OPM %50.3732.18 -37.7823.05 - PBDT48.4524.65 97 127.8382.15 56 PBT44.5821.45 108 114.3073.17 56 NP33.0412.85 157 84.8847.94 77

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