Net loss of Magnum Ventures reported to Rs 1.82 crore in the quarter ended March 2019 as against net profit of Rs 0.03 crore during the previous quarter ended March 2018. Sales rose 22.13% to Rs 65.89 crore in the quarter ended March 2019 as against Rs 53.95 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 0.08 crore in the year ended March 2019 as against net profit of Rs 0.77 crore during the previous year ended March 2018. Sales rose 8.31% to Rs 277.87 crore in the year ended March 2019 as against Rs 256.56 crore during the previous year ended March 2018.

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Magnum Ventures will hold a meeting of the Board of Directors of the Company on 28 May 2019.

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Kanani Industries Ltd, Salona Cotspin Ltd, Orient Press Ltd and Beardsell Ltd are among the other losers in the BSE's 'B' group today, 19 March 2019.

Magnum Ventures Ltd lost 11.26% to Rs 5.2 at 14:32 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 3002 shares were traded on the counter so far as against the average daily volumes of 4233 shares in the past one month.

Kanani Industries Ltd tumbled 9.82% to Rs 5.6. The stock was the second biggest loser in 'B' group.On the BSE, 4935 shares were traded on the counter so far as against the average daily volumes of 6712 shares in the past one month.

Salona Cotspin Ltd crashed 9.34% to Rs 67. The stock was the third biggest loser in 'B' group.On the BSE, 182 shares were traded on the counter so far as against the average daily volumes of 537 shares in the past one month.

Orient Press Ltd corrected 7.06% to Rs 135. The stock was the fourth biggest loser in 'B' group.On the BSE, 1 shares were traded on the counter so far as against the average daily volumes of 187 shares in the past one month.

Beardsell Ltd dropped 7.00% to Rs 15.95. The stock was the fifth biggest loser in 'B' group.On the BSE, 126 shares were traded on the counter so far as against the average daily volumes of 2293 shares in the past one month.

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Net profit of Magnum Ventures rose 203.85% to Rs 0.79 crore in the quarter ended December 2018 as against Rs 0.26 crore during the previous quarter ended December 2017. Sales declined 0.86% to Rs 72.32 crore in the quarter ended December 2018 as against Rs 72.95 crore during the previous quarter ended December 2017.

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