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Shilpa Medicare reports 5-fold jump in Q1 consolidated net profit

10 Aug 2020 Evaluate

Shilpa Medicare has reported results for the first quarter ended June 30, 2020.

The company has reported around 3-fold jump in its net profit at Rs 86.14 crore for the quarter under review as compared to Rs 26.10 crore for the same quarter in the previous year. Total income of the company increased by 38.78% at Rs 219.27 crore for Q1FY21 as compared Rs 158.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 5-fold jump in its net profit attributable to owners at Rs 86.31 crore for the quarter under review as compared to Rs 15.74 crore for the same quarter in the previous year. Total income of the company increased by 40.12% at Rs 228.35 crore for Q1FY21 as compared Rs 162.97 crore for the corresponding quarter previous year.

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