12 Dec 2019 | 5:27 PM

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Sanofi India Q2 net profit down 2.21% at Rs 97.40 cr
  Sanofi India Ltd. | 12 Dec 2019 | 03:41 PM
Published on 07-29-2019
The company reported standalone net profit of Rs 97.40 crore for the quarter ended June 30 2019 as compared to Rs 99.60 crore in the same period last year registering a year-on-year decline of 2.21 per cent.


Net revenue of the company rose moderately by 16.95 per cent at Rs 747.90 crore in April-June quarter of this fiscal as against Rs 639.50 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 13.68 per cent to Rs 590.10 crore from Rs 519.10 crore in year ago period.


Other Income grew by 12.50 per cent at Rs 23.40 crore versus (Jun`18 Rs 20.80 crore).


Operating Profit slipped by 4.07 per cent to Rs 157.80 crore as against Rs 164.50 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 17.96 per cent in June quarter.


Taxation decreased by 4.15 per cent at Rs 57.80 crore (Jun`18 Rs 60.30 crore).