Mangalore Chemicals & Fertilizers reports net loss of Rs 5.95 crore in Q4
15th May 2019

Mangalore Chemicals & Fertilizers has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported a net loss of Rs 5.95 crore for the quarter ended March 31, 2019 as against net profit of Rs 20.30 crore for the same quarter in the previous year. However, total income of the company increased marginally by 0.50% at Rs 646.29 crore for quarter under review as compared to Rs 643.06 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a fall of 45.72% in its net profit at Rs 32.88 crore as compared to Rs 60.58 crore for the previous year. However, total income of company increased 14.08% at Rs 3,085.67 crore for year under review as compared to Rs 2,704.75 crore for year ended March 31, 2018.