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Magadh Sugar & Energy standalone net profit declines 29.63% in the December 2020 quarter

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Capital Market

Sales decline 21.13% to Rs 222.23 crore

Net profit of Magadh Sugar & Energy declined 29.63% to Rs 14.63 crore in the quarter ended December 2020 as against Rs 20.79 crore during the previous quarter ended December 2019. Sales declined 21.13% to Rs 222.23 crore in the quarter ended December 2020 as against Rs 281.78 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales222.23281.78 -21 OPM %18.3116.70 -PBDT27.7237.12 -25 PBT22.3032.37 -31 NP14.6320.79 -30

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First Published: Feb 09 2021 | 2:17 PM IST

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