Coral Laboratories standalone net profit declines 50.14% in the March 2021 quarter

Sales rise 35.38% to Rs 27.82 crore

Net profit of Coral Laboratories declined 50.14% to Rs 1.74 crore in the quarter ended March 2021 as against Rs 3.49 crore during the previous quarter ended March 2020. Sales rose 35.38% to Rs 27.82 crore in the quarter ended March 2021 as against Rs 20.55 crore during the previous quarter ended March 2020.

For the full year,net profit rose 90.04% to Rs 13.55 crore in the year ended March 2021 as against Rs 7.13 crore during the previous year ended March 2020. Sales rose 36.82% to Rs 96.57 crore in the year ended March 2021 as against Rs 70.58 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales27.8220.55 35 96.5770.58 37 OPM %7.8410.56 -16.407.51 - PBDT4.195.23 -20 19.5711.13 76 PBT3.694.78 -23 17.599.12 93 NP1.743.49 -50 13.557.13 90

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