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Morepen Laboratories consolidated net profit declines 58.22% in the December 2022 quarter

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Capital Market

Sales decline 12.11% to Rs 348.47 crore

Net profit of Morepen Laboratories declined 58.22% to Rs 8.99 crore in the quarter ended December 2022 as against Rs 21.52 crore during the previous quarter ended December 2021. Sales declined 12.11% to Rs 348.47 crore in the quarter ended December 2022 as against Rs 396.50 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales348.47396.50 -12 OPM %5.898.10 -PBDT21.1934.07 -38 PBT14.0027.14 -48 NP8.9921.52 -58

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First Published: Feb 13 2023 | 2:46 PM IST

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