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Granules India reports 61% rise in Q1 consolidated net profit

30 Jul 2019 Evaluate

Granules India has reported results for first quarter ended June 30, 2019.

The company has reported a rise of 50.44% in its net profit at Rs 59.53 crore for the quarter under review as compared to Rs 39.57 crore for the same quarter in the previous year. Total income of the company increased by 24.22% at Rs 569.36 crore for Q1FY20 as compared Rs 458.36 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 60.69% in its net profit at Rs 83.24 crore for the quarter under review as compared to Rs 51.80 crore for the same quarter in the previous year. Total income of the company increased by 27.60% at Rs 597.13 crore for Q1FY20 as compared Rs 467.98 crore for the corresponding quarter previous year.

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