Nectar Lifescience standalone net profit rises 347.56% in the March 2019 quarter

Image
Capital Market
Last Updated : May 27 2019 | 3:17 PM IST

Sales rise 34.61% to Rs 798.49 crore

Net profit of Nectar Lifescience rose 347.56% to Rs 17.41 crore in the quarter ended March 2019 as against Rs 3.89 crore during the previous quarter ended March 2018. Sales rose 34.61% to Rs 798.49 crore in the quarter ended March 2019 as against Rs 593.17 crore during the previous quarter ended March 2018.

For the full year,net profit declined 9.24% to Rs 47.33 crore in the year ended March 2019 as against Rs 52.15 crore during the previous year ended March 2018. Sales rose 48.49% to Rs 2784.93 crore in the year ended March 2019 as against Rs 1875.53 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales798.49593.17 35 2784.931875.53 48 OPM %9.318.63 -9.4812.61 - PBDT37.3722.32 67 121.81126.87 -4 PBT22.836.15 271 58.5562.56 -6 NP17.413.89 348 47.3352.15 -9

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 27 2019 | 3:01 PM IST

Next Story