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Magellanic Cloud consolidated net profit declines 15.87% in the June 2020 quarter

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Capital Market

Sales rise 29.45% to Rs 51.95 crore

Net profit of Magellanic Cloud declined 15.87% to Rs 1.59 crore in the quarter ended June 2020 as against Rs 1.89 crore during the previous quarter ended June 2019. Sales rose 29.45% to Rs 51.95 crore in the quarter ended June 2020 as against Rs 40.13 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales51.9540.13 29 OPM %3.976.83 -PBDT2.452.79 -12 PBT2.322.69 -14 NP1.591.89 -16

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First Published: Sep 15 2020 | 8:47 AM IST

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