Mangalam Cement's net profit jumps many fold to Rs 15.51 cr for Q4FY20
New Delhi: Mangalam Cement Ltd’s net profit jumped many fold to Rs 15.51 crore for the fourth quarter of 2019-20 fiscal as against a net profit of Rs 1.67 crore in the corresponding quarter of the previous fiscal.
The revenue from operations fell marginally to Rs 296 crore in the fourth quarter of the 2019-20 fiscal as compared to Rs 319 crore in the same quarter of the previous fiscal.
For the entire financial year 2019-20, the net profit of the company stood at Rs 75.90 crore as compared to a net loss of Rs 9.73 crore in the previous financial year.
For the entire financial year 2019-20, the revenue from operations of the company went up to Rs 1,228 crore as compared to Rs 1,199 crore in the previous financial year.
For the entire fiscal 2019-20, the total expense of the company went down to Rs 1,140 crore as against Rs 1,239 in the previous fiscal, the company said in a regulatory filing.