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Solara Active Pharma Sciences consolidated net profit rises 217.90% in the March 2021 quarter

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Capital Market

Sales rise 49.68% to Rs 444.21 crore

Net profit of Solara Active Pharma Sciences rose 217.90% to Rs 56.65 crore in the quarter ended March 2021 as against Rs 17.82 crore during the previous quarter ended March 2020. Sales rose 49.68% to Rs 444.21 crore in the quarter ended March 2021 as against Rs 296.77 crore during the previous quarter ended March 2020.

For the full year,net profit rose 93.18% to Rs 221.40 crore in the year ended March 2021 as against Rs 114.61 crore during the previous year ended March 2020. Sales rose 22.33% to Rs 1616.88 crore in the year ended March 2021 as against Rs 1321.75 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales444.21296.77 50 1616.881321.75 22 OPM %22.3116.88 -23.8719.63 - PBDT84.0641.83 101 330.16209.07 58 PBT56.6217.90 216 221.50114.91 93 NP56.6517.82 218 221.40114.61 93

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First Published: May 06 2021 | 4:07 PM IST

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