Companies

Cadila Healthcare Q4 consolidated net profit dips 15%

Our Bureau Ahmedabad | Updated on June 19, 2020 Published on June 19, 2020

PO10CADILA

Cadila Healthcare Ltd on Friday posted a standalone net profit of ₹619 crore for the quarter ended March 2020, against ₹242 crore in the same quarter last year, showing a sharp jump of 155 per cent on a year-on-year basis.

The company’s standalone revenues from operations stood at ₹1,812 crore (₹1,570 crore).

On a consolidated basis, its net profit for Q4 stood at ₹392 crore (₹460 crore), indicating a 15 per cent dip.

Consolidated revenues from operations for the quarter stood at ₹3,752 crore (₹3,732 crore).

Operating profits i.e. EBIDTA grew 13 per cent on a sequential basis to ₹791 crore.

Full-year net falls

For FY20, Zydus Cadila’s standalone net profit stood at ₹1,413 crore (₹1,486 crore).

Standalone revenues from operations stood at ₹6,347 crore (₹6,038 crore).

FY20 consolidated profits stood at ₹1,177 crore (₹1,849 crore), indicating a decline of 36 per cent.

Consolidated revenues stood at ₹14,253 crore (₹13,166 crore).

Cadila stocks fell 1 per cent to ₹361.95 on Friday.

Published on June 19, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.