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Morepen Laboratories consolidated net profit declines 14.48% in the December 2018 quarter

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Capital Market

Sales rise 37.10% to Rs 212.16 crore

Net profit of Morepen Laboratories declined 14.48% to Rs 8.92 crore in the quarter ended December 2018 as against Rs 10.43 crore during the previous quarter ended December 2017. Sales rose 37.10% to Rs 212.16 crore in the quarter ended December 2018 as against Rs 154.75 crore during the previous quarter ended December 2017. ParticularsQuarter EndedDec. 2018Dec. 2017% Var.Sales212.16154.75 37 OPM %7.9411.58 -PBDT18.8418.14 4 PBT9.0410.44 -13 NP8.9210.43 -14

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First Published: Feb 05 2019 | 3:27 PM IST

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