Glenmark Pharmaceuticals Q1FY21; consolidated net profit rises ~132% yoy


Profit Rocket

Glenmark Pharmaceuticals Limited announced its quarterly results on August 14, 2020. Consolidated net revenue in Q1FY21 stood at Rs2,344.79cr, which increased by 0.94% yoy from Rs2,322.88cr in Q1FY20.

EBITDA stood at Rs478.07cr in Q1FY21 that increased by 39.82% yoy. For Q1FY20, it had posted EBITDA of Rs341.91cr. EBITDA margin as of Q1FY21 was at 20.39% that increased by 5.67% yoy against the same quarter, the previous year.

The consolidated net profit in Q1FY21 came in at Rs254.04cr that increased by 132.47% yoy, as compared to Q1FY20, when it had reported Rs109.28cr. The net profit margin in Q1FY21 came in at 10.83% that increased by 6.13% yoy. The net profit margin for Q1FY20 was at 4.7%.

The share closed at Rs475.4 with gains of 2.34% in today’s session on BSE.








Particulars

Q1FY21
(Rs in cr)

Q1FY20
(Rs in cr)

% VAR

Net Revenue

2,344.79

2,322.88

0.94

Operating Profit

478.07

341.91

39.82

Net Profit

254.04

109.28

132.47

EBITDAM%

20.39

14.72

5.67

PATM%

10.83

4.7

6.13

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