Strides Pharma Science Q2 profit falls 46 percent to Rs 77 crore
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New Delhi: Strides Pharma Science on Thursday reported 45.75 per cent decline in consolidated net profit at Rs 76.98 crore for the quarter ended September 30, 2020.
The company had posted a net profit of Rs 141.90 crore for the corresponding period of the previous fiscal, Strides Pharma said in a filing to BSE.
Total income stood at Rs 806.42 crore in the quarter under review. It was Rs 728.07 crore in the year-ago period, it added.
"We are monitoring the evolving business dynamics closely and as we look forward to the second half of FY21, we continue to believe in our growth momentum across markets," he added.
Shares of Strides Pharma Science were trading at Rs 728.50 per scrip on BSE, down 2.76 per cent from its previous close.
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