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Mangalam Seeds incurred Rs.33.67 lacs net profit in standalone Q4 of FY19-20

Mangalam Seeds announced the standalone and consolidated financial results for the quarter ended 31st March 2020.

Company : Mangalam Seeds Limited

Mangalam Seeds published consolidated and standalone results for the year ended 31st March 2020

Following are the standalone Q4 financial facts of Mangalam Seeds:

• Net profit stood at Rs.33.67 lacs whereas preceding year same period it was profit of Rs.82.67 lacs.

• Profit per share was Rs.0.31 as compared to earnings of Rs.0.72 per share in a year ago period.

• Revenue reached Rs.10.52 crore while in the previous year same period it was Rs.8.03 crore.

By the end of financial year 2019-20, Mangalam Seeds earned total standalone revenue of Rs.36.42 crore followed by net profit of Rs.3.61 crore.

Following are the consolidated financials of Mangalam Seeds in FY2019-20:

• Net profit in Q4 stood at Rs.29.68 lacs

• Earnings per share in Q4 reached Rs.0.27

• Revenue reached Rs.12.29 crore

For the financial year that concluded on 31st March, 2019, Mangalam Seeds earned consolidated revenue of Rs.40.31 crore and net profit stood at Rs.3.74 crore.

For the preceding financial year, the company"s consolidated revenue was Rs.32.24 crore and PAT was Rs.3.35 crore.

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