Neuland Laboratories reports consolidated net profit of Rs 17.29 crore in the March 2021 quarter

Sales rise 27.69% to Rs 244.70 crore

Net profit of Neuland Laboratories reported to Rs 17.29 crore in the quarter ended March 2021 as against net loss of Rs 9.30 crore during the previous quarter ended March 2020. Sales rose 27.69% to Rs 244.70 crore in the quarter ended March 2021 as against Rs 191.64 crore during the previous quarter ended March 2020.

For the full year,net profit rose 397.41% to Rs 80.63 crore in the year ended March 2021 as against Rs 16.21 crore during the previous year ended March 2020. Sales rose 22.84% to Rs 936.91 crore in the year ended March 2021 as against Rs 762.71 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales244.70191.64 28 936.91762.71 23 OPM %10.4315.71 -15.6713.36 - PBDT35.5324.82 43 145.0284.20 72 PBT24.3917.20 42 105.3352.92 99 NP17.29-9.30 LP 80.6316.21 397

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