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Neuland Laboratories - Quaterly Results

03 Aug 2023 Evaluate
The turnover zoomed to Rs. 3629.94 millions, up 64.12% for the June 2023 quarter as against Rs. 2211.70 millions during the year-ago period.The company almost doubled its revenue to Rs. 622.24 millions  from Rs. 98.41 millions in the quarter ended June 2023.Operating profit surged to 993.04 millions from the corresponding previous quarter of 289.90 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 3629.94 2211.70 64.12 3629.94 2211.70 64.12 11911.98 9510.77 25.25
Other Income 20.39 5.12 298.24 20.39 5.12 298.24 97.48 20.77 369.33
PBIDT 993.04 289.90 242.55 993.04 289.90 242.55 2810.56 1442.71 94.81
Interest 22.14 28.58 -22.53 22.14 28.58 -22.53 130.67 134.94 -3.16
PBDT 970.90 261.32 271.54 970.90 261.32 271.54 2679.89 1307.77 104.92
Depreciation 135.86 127.98 6.16 135.86 127.98 6.16 527.76 490.36 7.63
PBT 835.04 133.34 526.25 835.04 133.34 526.25 2152.13 817.41 163.29
TAX 212.80 34.93 509.22 212.80 34.93 509.22 520.94 182.06 186.14
Deferred Tax 3.33 -6.07 -154.86 3.33 -6.07 -154.86 17.04 -22.16 -176.90
PAT 622.24 98.41 532.29 622.24 98.41 532.29 1631.19 635.35 156.74
Equity 129.01 129.00 0.01 129.01 129.00 0.01 129.01 129.01 0.00
PBIDTM(%) 27.36 13.11 108.71 27.36 13.11 108.71 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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