16 Jan 2021 | 11:53 PM


SMS Lifesciences Ind Q2 net profit down 20.86% at Rs 3.49 cr
  SMS Lifesciences India Ltd. | 16 Jan 2020 | 03:45 PM
Published on 11-15-2019
The company reported standalone net profit of Rs 3.49 crore for the quarter ended September 30 2019 as compared to Rs 4.41 crore in the same period last year registering a year-on-year decline of 20.86 per cent.

Net revenue of the company declined moderately by 19.78 per cent at Rs 71.56 crore in July-September quarter of this fiscal as against Rs 89.20 crore in the corresponding period last year.

During July-September quarter operating expenses dropped by 21.41 per cent to Rs 63.77 crore from Rs 81.14 crore in year ago period.

Other Income grew by 3.90 per cent at Rs 0.80 crore versus (Sep`18 Rs 0.77 crore).

Operating Profit slipped by 3.35 per cent to Rs 7.79 crore as against Rs 8.06 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 20.35 per cent in September quarter.

Interest grew by 2.26 per cent y-o-y to Rs 1.36 crore while Taxation increased by 14.79 per cent at Rs 1.94 crore (Sep`18 Rs 1.69 crore).