Neuland Laboratories reports consolidated net loss of Rs 9.30 crore in the March 2020 quarter

Sales rise 10.99% to Rs 191.64 crore

Net loss of Neuland Laboratories reported to Rs 9.30 crore in the quarter ended March 2020 as against net profit of Rs 6.64 crore during the previous quarter ended March 2019. Sales rose 10.99% to Rs 191.64 crore in the quarter ended March 2020 as against Rs 172.66 crore during the previous quarter ended March 2019.

For the full year,net profit declined 1.40% to Rs 16.21 crore in the year ended March 2020 as against Rs 16.44 crore during the previous year ended March 2019. Sales rose 14.38% to Rs 762.71 crore in the year ended March 2020 as against Rs 666.83 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales191.64172.66 11 762.71666.83 14 OPM %15.7210.71 -13.368.75 - PBDT24.8415.11 64 84.2046.20 82 PBT17.228.18 111 52.9220.34 160 NP-9.306.64 PL 16.2116.44 -1

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