Arvee Laboratories announced its standalone financial results for the half year ended on March 31, 2020 marking a decline in revenue and PAT margins.

Company : Arvee Laboratories (India) Limited

Arvee Laboratories declared its financial result for the period ended 31.03.2020 showing a fall in revenue by Rs.4.86 crore as compared to a year ago period.

Following are the HY2 financials of FY19-20 at Arvee Laboratories:

- Total revenue was Rs.18.78 crore as compared to Rs.23.64 crore in previous year same period.

- Net profit for the half year was Rs.96.19 lacs as against Rs.1.45 crore in previous year corresponding period.

By the end of FY2019-20 at Arvee Laboratories, revenue was Rs.45.76 crore and PAT was Rs.2.22 crore with EPS of Rs.4.04.

In the preceding year, the company"s revenue was Rs.55.25 crore and PAT was Rs.2.26 crore.

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