Mangalam reports heavy drop in Q3 PAT

Mangalam reports heavy drop in Q3 PAT

Mangalam Cement has reported financial results for the period ended December 31, 2013.The company has reported net sales of Rs.161.62 crore during the period ended December 31, 2013 as compared to Rs.169.33 crore during the period ended December 31, 2012.The company has posted net profit of Rs.0.46 crore for the period ended December 31, 2013 as against Rs.13.92 crores for the period ended December 31, 2012.The company has reported EPS of Rs.0.18 for the period ended December 31, 2013 as compared to Rs.5.22 for the period ended December 31, 2012. Mangalam cement has reported net sales of Rs.478.87 crore during the nine- month period ended December 31, 2013 as compared to Rs.521.76 crore during the nine- month period ended December 31, 2012.The company has posted net profit of Rs.21.88 crore for the nine-month period ended December 31, 2013 as against Rs.68.54 crores for the 9 months period ended December 31, 2012.The company has reported EPS of Rs.8.20 for the nine- month period ended December 31, 2013 as compared to Rs.25.68 for the nine-month period ended December 31, 2012.

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