Morepen Laboratories standalone net profit declines 42.52% in the March 2018 quarter

Sales rise 9.22% to Rs 158.22 crore

Net profit of Morepen Laboratories declined 42.52% to Rs 4.11 crore in the quarter ended March 2018 as against Rs 7.15 crore during the previous quarter ended March 2017. Sales rose 9.22% to Rs 158.22 crore in the quarter ended March 2018 as against Rs 144.87 crore during the previous quarter ended March 2017.

For the full year,net profit rose 12.73% to Rs 26.12 crore in the year ended March 2018 as against Rs 23.17 crore during the previous year ended March 2017. Sales rose 2.43% to Rs 560.83 crore in the year ended March 2018 as against Rs 547.51 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales158.22144.87 9 560.83547.51 2 OPM %9.209.66 -10.7511.05 - PBDT13.8815.54 -11 59.5256.73 5 PBT4.117.15 -43 26.1223.17 13 NP4.117.15 -43 26.1223.17 13

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