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Mangalam Drugs & Organics report net loss of Rs 1.92 crore in Q4

21 May 2012 Evaluate

Mangalam Drugs & Organics has reported results for fourth quarter and year ended March 31, 2012.

The company has posted net loss of Rs 1.92 crore for the quarter ended March 31, 2012, against net profit of Rs 0.55 crore for the corresponding period last fiscal. However, total income increased by 45.88% at Rs 40.57 crore during the quarter under review from Rs 27.81 crore in the year-ago period.

For the full year ended March 31, 2012, the company has posted a fall of 69.71% in its net profit at Rs 0.63 crore for the year ended March 31, 2012 as compared to Rs 2.08 crore in the previous year.  However, total income has increased by 20.21% at Rs 153.78 crore for year under review as compared to Rs 127.93 crore for the period ended March 31, 2011.

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