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Ajanta Pharma net profit up 23 percent at Rs 159 crore in Q4
New Delhi: Drug firm Ajanta Pharma on Friday reported a 23 per cent rise in consolidated net profit to Rs 159 crore for the quarter ended March 2021 on account of robust sales.
The company had posted a net profit of Rs 129 crore for the corresponding period of the previous fiscal, Ajanta Pharma said in a regulatory filing.
Consolidated revenue from operations stood at Rs 757 crore for the quarter under consideration. It was Rs 682 crore in the year ago period, it added.
Read also: Aurobindo Pharma net profit jumps over 4-fold to Rs 2,946.32 crore in Q3
For the fiscal year ended March 2021, the net profit of the company was at Rs 654 crore compared to Rs 468 crore in the previous financial year, the filing said.
Revenue from operations came in at Rs 2,890 crore for 2020-21. It was Rs 2,588 crore for the previous financial year, it added.
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751