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Titan Biotech consolidated net profit rises 95.83% in the March 2021 quarter

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Capital Market

Sales rise 77.14% to Rs 35.57 crore

Net profit of Titan Biotech rose 95.83% to Rs 3.76 crore in the quarter ended March 2021 as against Rs 1.92 crore during the previous quarter ended March 2020. Sales rose 77.14% to Rs 35.57 crore in the quarter ended March 2021 as against Rs 20.08 crore during the previous quarter ended March 2020.

For the full year,net profit rose 329.14% to Rs 30.34 crore in the year ended March 2021 as against Rs 7.07 crore during the previous year ended March 2020. Sales rose 79.05% to Rs 142.24 crore in the year ended March 2021 as against Rs 79.44 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales35.5720.08 77 142.2479.44 79 OPM %20.4715.79 -32.4216.97 - PBDT7.032.73 158 45.2411.59 290 PBT6.192.29 170 43.039.79 340 NP3.761.92 96 30.347.07 329

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First Published: Jun 30 2021 | 8:26 AM IST

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