Morepen Laboratories consolidated net profit rises 5.05% in the March 2020 quarter

Sales decline 5.54% to Rs 206.60 crore

Net profit of Morepen Laboratories rose 5.05% to Rs 11.02 crore in the quarter ended March 2020 as against Rs 10.49 crore during the previous quarter ended March 2019. Sales declined 5.54% to Rs 206.60 crore in the quarter ended March 2020 as against Rs 218.72 crore during the previous quarter ended March 2019.

For the full year,net profit rose 16.40% to Rs 33.58 crore in the year ended March 2020 as against Rs 28.85 crore during the previous year ended March 2019. Sales rose 11.00% to Rs 853.07 crore in the year ended March 2020 as against Rs 768.54 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales206.60218.72 -6 853.07768.54 11 OPM %9.119.94 -8.038.79 - PBDT19.9921.85 -9 76.0169.08 10 PBT11.3610.70 6 39.1129.18 34 NP11.0210.49 5 33.5828.85 16

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