Titan Biotech consolidated net profit rises 190.91% in the March 2020 quarter

Sales rise 16.34% to Rs 20.08 crore

Net profit of Titan Biotech rose 190.91% to Rs 1.92 crore in the quarter ended March 2020 as against Rs 0.66 crore during the previous quarter ended March 2019. Sales rose 16.34% to Rs 20.08 crore in the quarter ended March 2020 as against Rs 17.26 crore during the previous quarter ended March 2019.

For the full year,net profit rose 100.85% to Rs 7.07 crore in the year ended March 2020 as against Rs 3.52 crore during the previous year ended March 2019. Sales rose 22.38% to Rs 79.44 crore in the year ended March 2020 as against Rs 64.91 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales20.0817.26 16 79.4464.91 22 OPM %15.7910.60 -16.9713.65 - PBDT2.731.49 83 11.597.26 60 PBT2.291.09 110 9.795.54 77 NP1.920.66 191 7.073.52 101

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