Madhya Bharat Agro Products made a profit growth of Rs. 700.89 Lakh in the Financial Year that ended on 31st March, 2019

The Board of Directors of Madhya Bharat Agro Products approved the Financial Result for the Year that ended on 31st March, 2019.

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The standalone revenue of Madhya Bharat Agro Products Limited stood by Rs.11632.69 Lacs on the year that ended on 31st March, 2019 as compared to Rs.8994.48 Lac in financial year 2018; a growth of Rs.2638.21 Lac.

The company had revenue of Rs.5531.34 Lac by the half year that ended on 30th September, 2018, Rs.6101.35 Lac by the six months that ended on 31st March, 2019.

Madhya Bharat Agro Products Limited has reportedly made a before tax profit of Rs.797.71 Lac by 30th September, 2018 and Rs. 854.52 Lac by the end of six months on 31st March, 2019. The company made a before tax profit of Rs.1652.23 Lac by 31st March, 2019 which was Rs.727.96 by the year that ended on 31st March, 2018. A profit growth of Rs.924.27 Lac was achieved by the company.

The company made a profit of Rs.583.77 Lac by the end of 30th September, 2019 and Rs.628.53 Lac by the quarter that ended on 31.3.2019. The net profit of the company stood at Rs.511.41 Lac on 31.3.2018 which increased to profit of Rs. 1212.30 Lac by the end of 31st March, 2019. The net profit has a growth of Rs.700.89 Lac comparing the financial years of 2019 and 2018.

MBAPL- an ISO 9001:2015 Certified company Originally incorporated in the year 1997 as private sector unit manufacturing Single super phosphate with production capacity of 60000, in Year 1999 it was converted to public limited company and in the Year 2004 it came in current management of “Ostwal Group of Industries”.