Morepen Labs net profit leaps over two-fold to Rs 19.36 crore in Q1
API sales revenue during the quarter grew by 44 percent to Rs 162.06 crore, the filing said.
New Delhi: Drug firm Morepen Laboratories on Monday reported over two-fold jump in its consolidated net profit at Rs 19.36 crore for the quarter ended June 30, 2020, mainly on account of robust sales in the active pharmaceutical ingredient (API) segment. The company had posted a net profit of Rs 7.65 crore in the corresponding period of the previous fiscal, Morepen Laboratories said in a...
New Delhi: Drug firm Morepen Laboratories on Monday reported over two-fold jump in its consolidated net profit at Rs 19.36 crore for the quarter ended June 30, 2020, mainly on account of robust sales in the active pharmaceutical ingredient (API) segment. The company had posted a net profit of Rs 7.65 crore in the corresponding period of the previous fiscal, Morepen Laboratories said in a filing to the BSE.
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