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Morepen Laboratories posts 43% jump in net - Views on News from Equitymaster

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Morepen Laboratories posts 43% jump in net

Jan 31, 2000

Morepen Laboratories has posted a 30% rise in topline and a 43% growth in profits for the quarter ended 31st December 1999. The company has benefited from a sharp rise in turnover. However interest costs and operating costs jumped significantly during the quarter.

(Rs m) 3QFY2000 3QFY1999 Change
Gross Revenues 847.0 650.0 30.3%
Expenditure 597.0 497.0 20.1%
Interest 82.0 44.0 86.4%
Depreciation 42.0 22.0 90.9%
Profit before Tax 124.0 87.0 42.5%
Tax - -  
Profit after Tax/(Loss) 124.0 87.0 42.5%
Net profit margin (%) 14.6% 13.4%  


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