Morepen Laboratories reports standalone net profit of Rs 2.77 crore in the March 2016 quarter

Sales rise 45.02% to Rs 119.77 crore

Net profit of Morepen Laboratories reported to Rs 2.77 crore in the quarter ended March 2016 as against net loss of Rs 3.72 crore during the previous quarter ended March 2015. Sales rose 45.02% to Rs 119.77 crore in the quarter ended March 2016 as against Rs 82.59 crore during the previous quarter ended March 2015.

For the full year,net profit rose 2620.69% to Rs 15.78 crore in the year ended March 2016 as against Rs 0.58 crore during the previous year ended March 2015. Sales rose 23.15% to Rs 436.69 crore in the year ended March 2016 as against Rs 354.59 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales119.7782.59 45 436.69354.59 23 OPM %14.988.56 -14.7013.14 - PBDT15.945.21 206 54.9639.31 40 PBT7.17-4.66 LP 20.040.72 2683 NP2.77-3.72 LP 15.780.58 2621

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