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Mangalam Organics reports standalone net profit of Rs 0.85 crore in the March 2017 quarter

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Capital Market

Sales rise 36.94% to Rs 44.52 crore

Net profit of Mangalam Organics reported to Rs 0.85 crore in the quarter ended March 2017 as against net loss of Rs 0.18 crore during the previous quarter ended March 2016. Sales rose 36.94% to Rs 44.52 crore in the quarter ended March 2017 as against Rs 32.51 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 4.77 crore in the year ended March 2017 as against net loss of Rs 10.34 crore during the previous year ended March 2016. Sales rose 4.06% to Rs 176.51 crore in the year ended March 2017 as against Rs 169.63 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales44.5232.51 37 176.51169.63 4 OPM %1.93-85.85 -6.77-15.80 - PBDT0.211.25 -83 8.17-2.01 LP PBT-1.05-0.18 -483 2.87-7.31 LP NP0.85-0.18 LP 4.77-10.34 LP

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First Published: May 08 2017 | 3:13 PM IST

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