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Southern Magnesium & Chemicals standalone net profit rises 81.54% in the December 2022 quarter

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Capital Market

Sales rise 99.29% to Rs 2.79 crore

Net profit of Southern Magnesium & Chemicals rose 81.54% to Rs 1.18 crore in the quarter ended December 2022 as against Rs 0.65 crore during the previous quarter ended December 2021. Sales rose 99.29% to Rs 2.79 crore in the quarter ended December 2022 as against Rs 1.40 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales2.791.40 99 OPM %57.3561.43 -PBDT1.610.86 87 PBT1.600.84 90 NP1.180.65 82

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First Published: Jan 31 2023 | 2:05 PM IST

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