Panacea Biotec reports net profit of Rs 33.98 crore in the March 2014 quarter

Sales decline 15.31% to Rs 156.15 crore

Net profit of Panacea Biotec reported to Rs 33.98 crore in the quarter ended March 2014 as against net loss of Rs 82.75 crore during the previous quarter ended March 2013. Sales declined 15.31% to Rs 156.15 crore in the quarter ended March 2014 as against Rs 184.37 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 0.42 crore in the year ended March 2014 as against net loss of Rs 230.13 crore during the previous year ended March 2013. Sales declined 11.93% to Rs 467.14 crore in the year ended March 2014 as against Rs 530.42 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales156.15184.37 -15 467.14530.42 -12 OPM %-28.19-9.86 --20.23-13.69 - PBDT-70.52-51.16 -38 -228.64-172.92 -32 PBT-85.95-72.18 -19 -297.44-256.46 -16 NP33.98-82.75 LP -0.42-230.13 100

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