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Indoco Remedies consolidated net profit rises 366.42% in the March 2021 quarter

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Capital Market

Sales rise 12.15% to Rs 295.10 crore

Net profit of Indoco Remedies rose 366.42% to Rs 25.00 crore in the quarter ended March 2021 as against Rs 5.36 crore during the previous quarter ended March 2020. Sales rose 12.15% to Rs 295.10 crore in the quarter ended March 2021 as against Rs 263.14 crore during the previous quarter ended March 2020.

For the full year,net profit rose 285.78% to Rs 93.05 crore in the year ended March 2021 as against Rs 24.12 crore during the previous year ended March 2020. Sales rose 12.84% to Rs 1218.61 crore in the year ended March 2021 as against Rs 1079.98 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales295.10263.14 12 1218.611079.98 13 OPM %18.5412.65 -18.4011.41 - PBDT52.1125.96 101 205.1399.40 106 PBT33.567.76 332 132.0028.58 362 NP25.005.36 366 93.0524.12 286

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First Published: May 25 2021 | 12:50 PM IST

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