Companies

Cadila Healthcare Q4 consolidated net profit dips 15%

Our Bureau Ahmedabad | Updated on June 19, 2020

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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

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