Solara Active Pharma Sciences consolidated net profit declines 32.29% in the March 2020 quarter

Sales decline 22.98% to Rs 296.77 crore

Net profit of Solara Active Pharma Sciences declined 32.29% to Rs 17.82 crore in the quarter ended March 2020 as against Rs 26.32 crore during the previous quarter ended March 2019. Sales declined 22.98% to Rs 296.77 crore in the quarter ended March 2020 as against Rs 385.31 crore during the previous quarter ended March 2019.

For the full year,net profit rose 92.59% to Rs 114.61 crore in the year ended March 2020 as against Rs 59.51 crore during the previous year ended March 2019. Sales declined 4.68% to Rs 1321.75 crore in the year ended March 2020 as against Rs 1386.68 crore during the previous year ended March 2019.

 

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales296.77385.31 -23 1321.751386.68 -5 OPM %16.8816.78 -19.6315.37 - PBDT41.8349.56 -16 209.07143.08 46 PBT17.9026.16 -32 114.9159.99 92 NP17.8226.32 -32 114.6159.51 93

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