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Mangal Credit & Fincorp consolidated net profit declines 47.62% in the June 2019 quarter

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Capital Market

Sales decline 49.05% to Rs 12.34 crore

Net profit of Mangal Credit & Fincorp declined 47.62% to Rs 1.32 crore in the quarter ended June 2019 as against Rs 2.52 crore during the previous quarter ended June 2018. Sales declined 49.05% to Rs 12.34 crore in the quarter ended June 2019 as against Rs 24.22 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales12.3424.22 -49 OPM %32.3321.06 -PBDT3.254.33 -25 PBT1.544.00 -62 NP1.322.52 -48

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First Published: Sep 16 2019 | 4:20 PM IST

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