Morepen Labs Q4 results: Net profit rises 5% to Rs 11 crore





New Delhi: Drug firm Morepen Laboratories on Monday reported a 5.05 per cent rise in its consolidated net profit to Rs 11.02 crore for the quarter ended March 31, 2020.

The company had posted a net profit of Rs 10.49 crore for the corresponding period of the previous financial year, Morepen Laboratories said in a filing to the BSE.

Its consolidated total revenue stood at Rs 208.38 crore for the quarter under consideration, against Rs 219.74 crore a year ago, it added.

For the full financial year 2019-20, its net profit was Rs 33.57 crore. It was Rs 28.84 crore for the previous financial year, Morepen Labs said.

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