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HY2 net profit reached Rs.82.87 lacs at Medico Remedies in FY19-20
Medico Remedies announced its financial results for half year ended on March 31, 2020 marking decline revenue and profit margins.
Company : Mehai Technology Ltd
Medico Remedies reports the total revenue of Rs.47.12 crore in HY2 of FY2019-20 whereas last year corresponding period it was Rs.56.84 crore.
Net profit of Rs.82.87 lacs in the second half of FY2019-20 whereas in the preceding year same period it was Rs. 1.11 crore.
Earnings per share for the current half year was Rs.2.00 as against Rs.2.69 in the previous year corresponding period.
The financials for the recently concluded year 2019-20 shows Medico Remedies achieved revenue of Rs.90.73 crore marking a profit after tax of Rs.1.63 crore.
While preceding year the companys revenue stood at Rs.99.58 crore and PAT was Rs.1.57 crore.
| Current Year Upto | Previous Year Upto | Previous Year | |
|---|---|---|---|
| 31/3/2020 | 31/3/2019 | 2019-2020 | |
| Income Statement | |||
| Revenue | 4583.77 | 5621.81 | 8863.62 |
| Other Income | 128.46 | 63.00 | 209.69 |
| Total Income | 4712.23 | 5684.81 | 9073.31 |
| Expenditure | 4459.23 | 5409.72 | 8579.54 |
| Finance Cost | 56.72 | 45.60 | 105.90 |
| PBDT | 196.28 | 229.49 | 387.86 |
| Depreciation | 84.62 | 79.81 | 166.36 |
| PBT | 111.66 | 149.68 | 221.51 |
| Tax | 28.79 | 38.07 | 58.48 |
| Net Profit | 82.87 | 111.61 | 163.03 |
| Equity | 414.92 | 414.92 | 414.92 |
| EPS | 2.00 | 2.69 | 3.93 |
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