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Coral Laboratories standalone net profit rises 46.55% in the March 2022 quarter

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Capital Market

Sales decline 27.82% to Rs 20.08 crore

Net profit of Coral Laboratories rose 46.55% to Rs 2.55 crore in the quarter ended March 2022 as against Rs 1.74 crore during the previous quarter ended March 2021. Sales declined 27.82% to Rs 20.08 crore in the quarter ended March 2022 as against Rs 27.82 crore during the previous quarter ended March 2021.

For the full year,net profit declined 33.21% to Rs 9.05 crore in the year ended March 2022 as against Rs 13.55 crore during the previous year ended March 2021. Sales declined 21.70% to Rs 75.61 crore in the year ended March 2022 as against Rs 96.57 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales20.0827.82 -28 75.6196.57 -22 OPM %5.237.84 -10.8716.40 - PBDT2.534.19 -40 12.8919.57 -34 PBT2.033.69 -45 10.9017.59 -38 NP2.551.74 47 9.0513.55 -33

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First Published: May 28 2022 | 8:00 AM IST

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