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Unichem Labs standalone net profit declines 99.83 percent in Q3


Unichem Labs standalone net profit declines 99.83 percent in Q3

Net Sales at Rs 244.76 crore in December 2018 up 53.82% from Rs. 159.12 crore in December 2017.

Mumbai: Mumbai based Unichem Laboratories Ltd. recently reported standalone quarterly results. The report showcase that the net profit of Unichem declined 99.83% to Rs 4.30 crore in the quarter ended December 2018 as against  Rs 2507.03 crore during the previous quarter ended December 2017.

Sales rose 52.77% to Rs 244.76 crore in the quarter ended December 2018 as against Rs 160.21 crore during the previous quarter ended December 2017.

Earnings before interest, tax, depreciation and amortization (EBITDA) stands at Rs. 7.94 crores in December 2018 up 116.42% from Rs. 48.36 crore in December 2017.

Unichem Labs Earning Per Share has decreased to Rs. 0.61 in December 2018 from Rs. 275.74 in December 2017.

Unichem has several pharma products that address the needs of therapeutic areas.



Source: self
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