Mangalam Industrial Finance standalone net profit declines 59.72% in the June 2024 quarter

Net profit of Mangalam Industrial Finance declined 59.72% to Rs 0.29 crore in the quarter ended June 2024 as against Rs 0.72 crore during the previous quarter ended June 2023. Sales declined 33.08% to Rs 0.87 crore in the quarter ended June 2024 as against Rs 1.30 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	0.87	1.30	-33
OPM %	45.98	75.38	-
PBDT	0.40	0.98	-59
PBT	0.39	0.97	-60
NP	0.29	0.72	-60