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Neuland Laboratories - Quaterly Results

11 May 2023 Evaluate
The turnover for the March 2023 quarter moved up 59.09% to Rs. 4070.73 millions as compared to Rs. 2558.73 millions during the year-ago period.Net Profit for the quarter ended March 2023 zoomed to 287.18% from Rs. 218.27 millions to Rs. 845.10  millions.Operating profit surged to 1277.81 millions from the corresponding previous quarter of 393.44 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 4070.73 2558.73 59.09 11911.98 9510.77 25.25 11911.98 9510.77 25.25
Other Income 80.64 6.31 1177.97 97.48 20.77 369.33 97.48 20.77 369.33
PBIDT 1277.81 393.44 224.78 2810.56 1442.71 94.81 2810.56 1442.71 94.81
Interest 42.89 27.70 54.84 130.67 134.94 -3.16 130.67 134.94 -3.16
PBDT 1234.92 365.74 237.65 2679.89 1307.77 104.92 2679.89 1307.77 104.92
Depreciation 134.70 124.52 8.18 527.76 490.36 7.63 527.76 490.36 7.63
PBT 1100.22 241.22 356.11 2152.13 817.41 163.29 2152.13 817.41 163.29
TAX 255.12 22.95 1011.63 520.94 182.06 186.14 520.94 182.06 186.14
Deferred Tax 1.76 -47.35 -103.72 17.04 -22.16 -176.90 17.04 -22.16 -176.90
PAT 845.10 218.27 287.18 1631.19 635.35 156.74 1631.19 635.35 156.74
Equity 129.01 129.01 0.00 129.01 129.01 0.00 129.01 129.01 0.00
PBIDTM(%) 31.39 15.38 104.15 23.59 15.17 55.54 23.59 15.17 55.54
Peers
Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
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