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Mangalam Organics standalone net profit declines 85.65% in the December 2019 quarter

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Capital Market

Sales decline 33.67% to Rs 80.54 crore

Net profit of Mangalam Organics declined 85.65% to Rs 3.77 crore in the quarter ended December 2019 as against Rs 26.27 crore during the previous quarter ended December 2018. Sales declined 33.67% to Rs 80.54 crore in the quarter ended December 2019 as against Rs 121.43 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales80.54121.43 -34 OPM %16.8736.48 -PBDT12.5143.27 -71 PBT10.3941.87 -75 NP3.7726.27 -86

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First Published: Feb 11 2020 | 3:19 PM IST

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