November 10, 2018

Morepen Lab -Q2FY19

Morepen Lab -Q2FY19

  1. Net Revenue up by 15% at Rs. 173.93 cr backed by improved sales revenue from Home
  2. Diagnostics and Formulations. Export sales up by 38 % at Rs. 65.05 cr
  3. Loratadine records remarkable growth amongst bulk drugs in the quarter @29%: 31% growth in
  4. the export on Y-o-Y basis. Atorvastatin sales have grown by 40%; Export turnover jumps by 46%
  5. Blood Glucose Monitors’ quarterly sales increased by 38% & Nebulisers’ by 131%. Overall
  6. Diagnostic Devises sales grew by 25% in Q2'FY19.
  7. Dr. Morepen Basket quarterly sales have recorded a growth of 33% in the branded OTC
  8. category.
  9. Interest Cost falls further by 76% from 1.31 cr in Q1 FY 2017-18 to Rs. 0.32 cr only in
  10. Q2’FY19.

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