Net profit of Madhucon Projects rose 1614.52% to Rs 31.89 crore in the quarter ended March 2019 as against Rs 1.86 crore during the previous quarter ended March 2018. Sales declined 13.90% to Rs 189.64 crore in the quarter ended March 2019 as against Rs 220.25 crore during the previous quarter ended March 2018.

For the full year,net profit rose 41.95% to Rs 18.61 crore in the year ended March 2019 as against Rs 13.11 crore during the previous year ended March 2018. Sales rose 0.83% to Rs 669.44 crore in the year ended March 2019 as against Rs 663.93 crore during the previous year ended March 2018.

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Madhucon Projects will hold a meeting of the Board of Directors of the Company on 28 May 2019.

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Net loss of Madhucon Projects reported to Rs 4.04 crore in the quarter ended December 2018 as against net profit of Rs 3.43 crore during the previous quarter ended December 2017. Sales rose 49.10% to Rs 170.67 crore in the quarter ended December 2018 as against Rs 114.47 crore during the previous quarter ended December 2017.

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Madhucon Projects will hold a meeting of the Board of Directors of the Company on 11 February 2019.

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