Zandu posts 26% decline in net - Views on News from Equitymaster

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Zandu posts 26% decline in net

Oct 27, 1999

Zandu Pharmaceuticals has posted a 26% decline in net during the quarter ended 30th September 1999. The company has been adversely affected by the sharp jump in interest and depreciation expenditure.

(Rs m) 2QFY2000 2QFY1999 Change
Net Sales 233 299 -22.1%
Other Income 3 1 177.6%
Expenditure 186 252 -26.3%
Interest 13 8 66.4%
Depreciation 12 8 57.3%
Profit before Tax 25 32 -30.0%
Tax 2 1 36.4%
Profit after Tax 23 31 -26.2%
Net profit margin 9.9% 10.5%  

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