27 May 2019 | 12:21 AM

News

COMPANYNEWS
Syngene Internationa Q4 net profit up 18.39% at Rs 99.80 cr
  |
Published on 04-25-2019
The company reported standalone net profit of Rs 99.80 crore for the quarter ended March 31 2019 as compared to Rs 84.30 crore in the same period last year registering a year-on-year growth of 18.39 per cent.


Net revenue of the company rose substantially by 30.51 per cent at Rs 533.90 crore in January-March quarter of this fiscal as against Rs 409.10 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 33.54 per cent to Rs 374.30 crore from Rs 280.30 crore in year ago period.


Other Income grew by 25.30 per cent at Rs 20.80 crore versus (Mar`18 Rs 16.60 crore).


Operating Profit surged by 23.91 per cent to Rs 159.60 crore as against Rs 128.80 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 5.05 per cent in March quarter.


Interest grew by 12.68 per cent y-o-y to Rs 8.00 crore while Taxation increased by 43.94 per cent at Rs 28.50 crore (Mar`18 Rs 19.80 crore).