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Suven Life Sciences reports 9% fall in Q1 net profit

16 Aug 2017 Evaluate

Suven Life Sciences has reported results for first quarter ended June 30, 2017.

The company has reported a fall of 9.24% in its net profit at Rs 29.57 crore for the quarter under review as compared to Rs 32.58 crore for the same quarter in the previous year. However, total revenue from operations of the company increased by 5.85% at Rs 141.02 crore for Q1FY18 as compared Rs 133.23 crore for the corresponding quarter previous year.

Suven Life Science is a biopharmaceutical company focused on discovering, developing and commercializing novel pharmaceutical products, which are first in class or best in class CNS therapies using GPCR targets.

Peers
Company Name CMP
Sun Pharma. Inds. 1752.50
Dr. Reddys Labs. 1180.00
Cipla 1305.00
Lupin 1942.00
Zydus Lifesciences 1115.20
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