Morepen Laboratories consolidated net profit rises 54.04% in the March 2019 quarter

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Sales rise 27.56% to Rs 218.72 crore
Net profit of Morepen Laboratories rose 54.04% to Rs 10.49 crore in the quarter ended March 2019 as against Rs 6.81 crore during the previous quarter ended March 2018. Sales rose 27.56% to Rs 218.72 crore in the quarter ended March 2019 as against Rs 171.46 crore during the previous quarter ended March 2018.For the full year,net profit declined 2.50% to Rs 28.85 crore in the year ended March 2019 as against Rs 29.59 crore during the previous year ended March 2018. Sales rose 26.72% to Rs 768.54 crore in the year ended March 2019 as against Rs 606.51 crore during the previous year ended March 2018.
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First Published: May 04 2019 | 5:22 PM IST