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Southern Magnesium & Chemicals standalone net profit declines 67.05% in the September 2019 quarter

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Capital Market

Sales decline 59.44% to Rs 0.73 crore

Net profit of Southern Magnesium & Chemicals declined 67.05% to Rs 0.29 crore in the quarter ended September 2019 as against Rs 0.88 crore during the previous quarter ended September 2018. Sales declined 59.44% to Rs 0.73 crore in the quarter ended September 2019 as against Rs 1.80 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales0.731.80 -59 OPM %41.1051.11 -PBDT0.290.90 -68 PBT0.270.88 -69 NP0.290.88 -67

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First Published: Nov 14 2019 | 3:55 PM IST

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