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Mangalam Global Enterprise standalone net profit declines 50.60% in the March 2021 quarter

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Capital Market

Sales rise 57.30% to Rs 225.83 crore

Net profit of Mangalam Global Enterprise declined 50.60% to Rs 1.23 crore in the quarter ended March 2021 as against Rs 2.49 crore during the previous quarter ended March 2020. Sales rose 57.30% to Rs 225.83 crore in the quarter ended March 2021 as against Rs 143.57 crore during the previous quarter ended March 2020.

For the full year,net profit rose 33.59% to Rs 5.29 crore in the year ended March 2021 as against Rs 3.96 crore during the previous year ended March 2020. Sales rose 58.41% to Rs 907.78 crore in the year ended March 2021 as against Rs 573.05 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales225.83143.57 57 907.78573.05 58 OPM %0.483.04 -0.901.93 - PBDT2.103.79 -45 9.187.75 18 PBT1.753.17 -45 7.034.92 43 NP1.232.49 -51 5.293.96 34

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First Published: Jun 26 2021 | 7:42 AM IST

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