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Panacea Biotec reports consolidated net loss of Rs 40.05 crore in the December 2020 quarter

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Capital Market

Sales decline 15.49% to Rs 141.76 crore

Net Loss of Panacea Biotec reported to Rs 40.05 crore in the quarter ended December 2020 as against net loss of Rs 21.32 crore during the previous quarter ended December 2019. Sales declined 15.49% to Rs 141.76 crore in the quarter ended December 2020 as against Rs 167.74 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales141.76167.74 -15 OPM %10.6521.26 -PBDT-28.70-8.28 -247 PBT-40.01-19.01 -110 NP-40.05-21.32 -88

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First Published: Feb 13 2021 | 10:18 AM IST

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