Mangalam Seeds consolidated net profit rises 346.67% in the March 2021 quarter

Sales decline 10.91% to Rs 10.94 crore

Net profit of Mangalam Seeds rose 346.67% to Rs 1.34 crore in the quarter ended March 2021 as against Rs 0.30 crore during the previous quarter ended March 2020. Sales declined 10.91% to Rs 10.94 crore in the quarter ended March 2021 as against Rs 12.28 crore during the previous quarter ended March 2020.

For the full year,net profit rose 63.73% to Rs 6.14 crore in the year ended March 2021 as against Rs 3.75 crore during the previous year ended March 2020. Sales rose 2.21% to Rs 41.18 crore in the year ended March 2021 as against Rs 40.29 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales10.9412.28 -11 41.1840.29 2 OPM %21.305.46 -21.5413.68 - PBDT2.100.48 338 7.954.56 74 PBT1.900.35 443 7.174.16 72 NP1.340.30 347 6.143.75 64

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