Business Standard

Southern Magnesium & Chemicals reports standalone net profit of Rs 0.16 crore in the June 2020 quarter

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Capital Market

Sales rise 461.54% to Rs 0.73 crore

Net profit of Southern Magnesium & Chemicals reported to Rs 0.16 crore in the quarter ended June 2020 as against net loss of Rs 0.18 crore during the previous quarter ended June 2019. Sales rose 461.54% to Rs 0.73 crore in the quarter ended June 2020 as against Rs 0.13 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales0.730.13 462 OPM %26.03-115.38 -PBDT0.18-0.16 LP PBT0.16-0.18 LP NP0.16-0.18 LP

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First Published: Sep 14 2020 | 3:20 PM IST

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