Sales decline 32.45% to Rs 545.46 crore
Net profit of Mangalore Chemicals & Fertilizers reported to Rs 4.69 crore in the quarter ended March 2017 as against net loss of Rs 5.12 crore during the previous quarter ended March 2016. Sales declined 32.45% to Rs 545.46 crore in the quarter ended March 2017 as against Rs 807.44 crore during the previous quarter ended March 2016.For the full year,net profit reported to Rs 19.41 crore in the year ended March 2017 as against net loss of Rs 240.13 crore during the previous year ended March 2016. Sales declined 16.09% to Rs 2502.14 crore in the year ended March 2017 as against Rs 2982.07 crore during the previous year ended March 2016.
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