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Morepen Laboratories standalone net profit declines 37.72% in the September 2019 quarter

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Capital Market

Sales rise 23.38% to Rs 199.88 crore

Net profit of Morepen Laboratories declined 37.72% to Rs 4.54 crore in the quarter ended September 2019 as against Rs 7.29 crore during the previous quarter ended September 2018. Sales rose 23.38% to Rs 199.88 crore in the quarter ended September 2019 as against Rs 162.01 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales199.88162.01 23 OPM %7.4510.16 -PBDT17.3216.28 6 PBT9.697.10 36 NP4.547.29 -38

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First Published: Nov 16 2019 | 3:05 PM IST

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