Mukand has disclosed a substantial drop in standalone net profit for the year ended March 31st 2008 due to substantial fall in operating margin coupled with marginal sales growth. The profit declined by 43.99% YoY to INR 522.42 million from INR 932.69 million.
Net sales for the 2007-08 climbed by 6.43% YoY to INR 19,267.88 million, while total income during the year rose by 6.33% YoY to INR 19,482.42 million.
Annual results standalone
| As at | Mar 2008 | Mar 2007 | Change |
| Net Sales | 19267.88 | 18104.48 | 6.43% |
| Net Profit | 522.42 | 932.69 | -43.99% |
| Basic EPS | 7.15 | 12.54 | -42.98% |
INR in million