Morepen Laboratories standalone net profit rises 2.82% in the March 2020 quarter

Sales decline 8.21% to Rs 189.15 crore

Net profit of Morepen Laboratories rose 2.82% to Rs 9.48 crore in the quarter ended March 2020 as against Rs 9.22 crore during the previous quarter ended March 2019. Sales declined 8.21% to Rs 189.15 crore in the quarter ended March 2020 as against Rs 206.07 crore during the previous quarter ended March 2019.

For the full year,net profit rose 13.00% to Rs 32.33 crore in the year ended March 2020 as against Rs 28.61 crore during the previous year ended March 2019. Sales rose 10.42% to Rs 791.99 crore in the year ended March 2020 as against Rs 717.24 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales189.15206.07 -8 791.99717.24 10 OPM %8.649.73 -8.149.07 - PBDT17.4520.17 -13 71.9166.62 8 PBT9.489.22 3 37.4828.61 31 NP9.489.22 3 32.3328.61 13

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