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SMS Lifesciences Ind Q1 net profit jumps 45.60% at Rs 4.47 cr
  SMS Lifesciences India Ltd. | 16 Jan 2020 | 03:45 PM
Published on 08-13-2019
The company reported standalone net profit of Rs 4.47 crore for the quarter ended June 30 2019 as compared to Rs 3.07 crore in the same period last year registering a year-on-year growth of 45.60 per cent.


Net revenue of the company rose substantially by 54.84 per cent at Rs 92.72 crore in April-June quarter of this fiscal as against Rs 59.88 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 55.37 per cent to Rs 83.06 crore from Rs 53.46 crore in year ago period.


Other Income dipped by 47.06 per cent at Rs 0.27 crore versus (Jun`18 Rs 0.51 crore).


Operating Profit surged by 50.31 per cent to Rs 9.65 crore as against Rs 6.42 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 2.89 per cent in June quarter.


Interest grew by 22.61 per cent y-o-y to Rs 1.41 crore while Taxation increased by 72.18 per cent at Rs 2.29 crore (Jun`18 Rs 1.33 crore).