2025-05-02 22:13:32
Latest Post
Dixon enters into JV agreement with Inventec
Varun Beverages Ltd approves interim dividend of Rs. 0.50
PVR INOX opens 4 screen multiplex at KA Mall, Jabalpur, Madhya Pradesh
HPCL and ADNOC Trading Signs their 1st LNG Trading Supply Agreement 
Fire and Explosion at Premier Explosives Ltd's factory situated at Katepally Village
Stock Report
Syngene International Ltd Q1FY21 consolidated PAT lower at Rs. 58 crore
Posted On : 2020-07-21 22:56:09( TIMEZONE : IST )
Syngene International Ltd has reported financial results for the period ended June 30, 2020.
Financial Results (Q1 FY 2020-21) - QoQ Comparison
The company has reported total income of Rs.436.9 crores during the period ended June 30, 2020 as compared to Rs.627.8 crores during the period ended March 31, 2020.
The company has posted net profit / (loss) of Rs.58 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.120.2 crores for the period ended March 31, 2020.
The company has reported EPS of Rs.1.46 for the period ended June 30, 2020 as compared to Rs.3.02 for the period ended March 31, 2020.
| Financials | Q1 FY2020-21 | Q4 FY19-20 | % Change |
| Total Income | ₹ 436.9 crs | ₹ 627.8 crs |  -30.41% |
| Net Profit | ₹ 58 crs | ₹ 120.2 crs | -51.75% |
| EPS | ₹ 1.46 | ₹ 3.02 | -51.66% |
Financial Results (Q1 FY 2020-21) - YoY Comparison
The company has reported total income of Rs.436.9 crores during the period ended June 30, 2020 as compared to Rs.441.4 crores during the period ended June 30, 2019.
The company has posted net profit / (loss) of Rs.58 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.72 crores for the period ended June 30, 2019.
The company has reported EPS of Rs.1.46 for the period ended June 30, 2020 as compared to Rs.1.81 for the period ended June 30, 2019.
| Financials | Q1 FY2020-21 | Q1 FY2019-20 | % Change |
| Total Income | ₹ 436.9 crs | ₹ 441.4 crs | -1.02% |
| Net Profit | ₹ 58 crs | ₹ 72 crs | -19.44% |
| EPS | ₹ 1.46 | ₹ 1.81 | -19.34% |
Commenting on the results, Mr. Jonathan Hunt, Managing Director and Chief Executive Officer - Syngene International Limited, said: "In line with our guidance, Q1 revenue was flat at Rs. 437 Cr compared to the same quarter last year due to the temporary suspension of operations during the nationwide lockdown. However, the implementation of protective measures allowed all divisions to restart gradually and operate at close to normal levels for the last six weeks of the quarter. Across the Company, our teams have worked hard to get projects back on schedule.
Recent good news was the improved credit rating from CRISIL to AA+ with a stable outlook. This is welcome recognition from the rating agency of the Company's business model, strong client relationships, robust processes and sound risk profile.
Overall Q1 performance was as expected and we look forward to returning to growth in 2Q."
Shares of Syngene International Ltd was last trading in BSE at Rs.423 as compared to the previous close of Rs. 422.3. The total number of shares traded during the day was 10809 in over 610 trades.
The stock hit an intraday high of Rs. 429.8 and intraday low of 420.4. The net turnover during the day was Rs. 4583060.
