Morepen Laboratories has reported export sales revenue up by 51% at Rs 96.41 crore due to high impetus in API business for Q4FY19. The company’s domestic sales revenue up by 13% at Rs 118.84 crore.
Besides, the company’s API sales revenue grew by 34% at Rs 125.48 crore and Home Diagnostics Sales Revenue by 12% at Rs 27.77 crore in Q4FY19 and formulation sales revenue jumped by 30% at Rs 49.35 crore.
Morepen is a well-known pharma company having well equipped Research & Development Centre and is all set to seize the Generic revolution in pharma industry, by filing multiple DMFs and COS for new APIs.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1675.20 |
| Dr. Reddys Lab | 1235.40 |
| Cipla | 1238.30 |
| Zydus Lifesciences | 942.55 |
| Lupin | 2324.25 |
| View more.. | |
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