SMS Lifesciences reports 47% fall in Q1 consolidated net profit
24th Aug 2020

SMS Lifesciences India has reported results for the first quarter ended June 30, 2020.

The company has reported a fall of 43.85% in its net profit at Rs 2.51 crore for the quarter under review as compared to net profit of Rs 4.47 crore for the same quarter in the previous year. Total income of the company decreased by 41% at Rs 54.86 crore for Q1FY21 as compared Rs 92.99 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 47.46% in its net profit at Rs 2.48 crore for the quarter under review as compared to net profit of Rs 4.72 crore for the same quarter in the previous year. Total income of the company decreased by 40.24% at Rs 55.05 crore for Q1FY21 as compared Rs 92.12 crore for the corresponding quarter previous year.