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Sanofi India Q1 net profit rises to Rs 146 crore

Revenue from operations of the company stood at Rs 725.1 crore for the quarter under consideration. It was Rs 784.5 crore for the same period a year ago, Sanofi India said in a regulatory filing

twitter-logoPTI | April 27, 2021 | Updated 22:29 IST
Sanofi India Q1 net profit rises to Rs 146 crore
Revenue from operations of the company stood at Rs 725.1 crore for the quarter under consideration

Drug firm Sanofi India on Tuesday reported a net profit of Rs 145.9 crore for the March ended quarter.

The company had posted a net profit of Rs 85.4 crore for the corresponding period of the previous fiscal, Sanofi India said in a regulatory filing.

Revenue from operations of the company stood at Rs 725.1 crore for the quarter under consideration. It was Rs 784.5 crore for the same period a year ago, it added.

"Sale performance for the quarter ended March 31, 2021, is not comparable with the quarter ended March 31, 2020, due to lower export sales on account of transfer of Ankleshwar manufacturing facility during the previous year," Sanofi India said.

Shares of Sanofi India closed at Rs 7,479.65 per scrip on BSE, up 0.55 per cent from its previous close.

Also Read: Sanofi's COVID-19 vaccine not ready in 2021, says CEO

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