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Mangalam Seeds -Standalone Q3-FY21 Net profit falls to Rs.1.68 crore against Rs.1.77 crore in Q3-FY20


Mangalam Seeds– Standalone Q3-FY21 Revenue reached at Rs.11.95 crore against Rs.13.10 crore in Q3-FY20

Company : Mangalam Seeds Limited

Mangalam Seeds announced its Standalone and consolidated financial results for the quarter and period ended on 31st December, 2020.

Financials for Standalone Q3 at Mangalam Seeds in FY20-21 are as follows:

- Revenue stood at Rs.11.95 crore while previous year corresponding period it was Rs.13.10 crore.

- Net profit falls to Rs.1.68 crore against Rs.1.77 crore in a year ago period.

- Earning per share was Rs.1.53 against Rs.1.61 in a year ago period.

Standalone financials for the 9 months period ended on 31st December 2020 at Mangalam Seeds are as follows:

- Revenue was of Rs.29.81 crore whereas in the last year same period it was Rs.25.89 crore.

- Net profit rises to Rs.4.80 crore against Rs.3.27crore in a year ago period

- Earning per share was Rs. 4.37 against Rs.2.98 in the corresponding period previous year.

Standalone annual revenue in FY19-20 reached Rs.36.42 crore with net profit of Rs.3.61crore and Earning per share was Rs.3.29 at Mangalam Seeds.

Following are the consolidated Q3 financials at Mangalam Seeds in FY20-21:

- Revenue stood at Rs.12.01 crore whereas previous year corresponding period it was Rs.13.80 crore

- PAT was Rs.1.66 crore against Rs.1.93 crore in a year ago period.

- EPS was Rs.1.52 while preceding year same period it was Rs.1.76.

Consolidated financials for the first 9 months period in FY20-21 at Mangalam Seeds are given below:

- Revenue earned was Rs.30.24 crore whereas previous year corresponding period it was Rs.28.02 crore.

- PAT reached at Rs.4.79 crore against Rs.3.45 crore in a year ago period.

- EPS reached Rs.4.37 while preceding year same period it was Rs.3.14.

Consolidated annual revenue at Mangalam Seeds in FY20-21 reached Rs.40.31 crore with PAT of Rs.3.74 crore and EPS was Rs.3.41.


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