16 Dec 2019 | 11:08 AM

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COMPANYNEWS
Generic Pharmasec Q2 net profit zooms 207.69% at Rs 0.40 cr
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Published on 11-12-2019
The company reported standalone net profit of Rs 0.40 crore for the quarter ended September 30 2019 as compared to Rs 0.13 crore in the same period last year registering a year-on-year growth of 207.69 per cent.


Net revenue of the company rose three fold by 3931.58 per cent at Rs 7.66 crore in July-September quarter of this fiscal as against Rs 0.19 crore in the corresponding period last year.


During July-September quarter operating expenses increased by 24633.33 per cent to Rs 7.42 crore from Rs 0.03 crore in year ago period.


Other Income grew by 0.00 per cent at Rs 0.16 crore versus (Sep`18 Rs 0.00 crore).


Operating Profit surged by 56.25 per cent to Rs 0.25 crore as against Rs 0.16 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 96.15 per cent in September quarter.