Sanofi India Q1 net profit jumps 63.40% at Rs 238.40 cr
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The company reported standalone net profit of Rs 238.40 crore for the quarter ended March 31, 2022 as compared to Rs 145.90 crore in the same period last year, registering a year-on-year growth of 63.40 per cent. Net revenue of the company declined marginally by 2.50 per cent at Rs 707.00 crore in January-March quarter of this fiscal as against Rs 725.10 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 4.33 per cent to Rs 512.50 crore from Rs 535.70 crore in year ago period. Other Income dipped by 7.22 per cent at Rs 24.40 crore versus (Mar'21 Rs 26.30 crore). Operating Profit surged by 2.69 per cent to Rs 194.50 crore as against Rs 189.40 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.32 per cent in March quarter. Interest grew by 0.00 per cent y-o-y to Rs 0.40 crore, while Taxation increased by 78.16 per cent at Rs 87.30 crore (Mar'21 Rs 49.00 crore).
