Medinova Diagnostic reports Profit after tax of Rs 4.29 Mln, in the March 2021 quarter

The turnover is pegged at Rs. 22.71 millions for the March 2021 quarter. The mentioned figure indicates a rise of about 68.72% as against Rs. 13.46 millions during the year-ago period.The Net Profit of the company reported a remarkable increase of 1550.00% to Rs. 4.29  millions  from Rs. 0.26 millions in previous same quarter.Operating profit surged to 6.96 millions from the corresponding previous quarter of 2.53 millions.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202103	202003	% Var	202103	202003	% Var	202003	201903	% Var
Sales	22.71	13.46	68.72	113.16	54.93	106.01	54.93	67.43	-18.54
Other Income	0.97	1.20	-19.17	2.94	2.63	11.79	2.63	1.69	55.62
PBIDT	6.96	2.53	175.10	29.24	5.65	417.52	5.65	4.74	19.20
Interest	0.74	0.98	-24.49	3.09	4.23	-26.95	4.24	4.32	-1.85
PBDT	6.22	1.55	301.29	26.15	1.42	1741.55	1.41	16.55	-91.48
Depreciation	0.85	1.03	-17.48	3.22	4.13	-22.03	4.12	5.51	-25.23
PBT	5.37	0.52	932.69	22.93	-2.71	-946.13	-2.71	11.04	-124.55
TAX	1.08	0.26	315.38	1.22	0.26	369.23	0.26	3.36	-92.26
Deferred Tax	0.37	0.26	42.31	0.37	0.26	42.31	0.26	0.11	136.36
PAT	4.29	0.26	1550.00	21.71	-2.97	-830.98	-2.97	7.68	-138.67
Equity	99.57	99.57	0.00	99.57	99.57	0.00	99.57	99.57	0.00
PBIDTM(%)	30.65	18.80	63.05	25.84	10.29	151.22	10.29	7.03	46.32