Morepen Laboratories consolidated net profit rises 142.83% in the March 2021 quarter

Image
Capital Market
Last Updated : May 04 2021 | 12:17 PM IST

Sales rise 38.72% to Rs 286.60 crore

Net profit of Morepen Laboratories rose 142.83% to Rs 26.76 crore in the quarter ended March 2021 as against Rs 11.02 crore during the previous quarter ended March 2020. Sales rose 38.72% to Rs 286.60 crore in the quarter ended March 2021 as against Rs 206.60 crore during the previous quarter ended March 2020.

For the full year,net profit rose 189.13% to Rs 97.09 crore in the year ended March 2021 as against Rs 33.58 crore during the previous year ended March 2020. Sales rose 39.27% to Rs 1188.06 crore in the year ended March 2021 as against Rs 853.07 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales286.60206.60 39 1188.06853.07 39 OPM %10.619.11 -9.988.03 - PBDT34.6219.99 73 128.7976.01 69 PBT27.6311.36 143 98.5139.11 152 NP26.7611.02 143 97.0933.58 189

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 04 2021 | 12:07 PM IST

Next Story