Stock Report

Neuland Laboratories Ltd Q2FY21 consolidated net profit zooms to Rs. 21.44 crore



Posted On : 2020-11-03 14:38:39( TIMEZONE : IST )

Neuland Laboratories Ltd Q2FY21 consolidated net profit zooms to Rs. 21.44 crore

NEULAND LABORATORIES LTD. has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.241.99 crores during the period ended September 30, 2020 as compared to Rs.206.12 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.21.44 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.15.16 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.16.71 for the period ended September 30, 2020 as compared to Rs.11.82 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 241.99 crs₹ 206.12 crsUp Tick 17.4%
Net Profit₹ 21.44 crs₹ 15.16 crsUp Tick 41.42%
EPS₹ 16.71₹ 11.82Up Tick 41.37%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.241.99 crores during the period ended September 30, 2020 as compared to Rs.186.78 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.21.44 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.8.68 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.16.71 for the period ended September 30, 2020 as compared to Rs.6.77 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 241.99 crs₹ 186.78 crsUp Tick 29.56%
Net Profit₹ 21.44 crs₹ 8.68 crsUp Tick 147%
EPS₹ 16.71₹ 6.77Up Tick 146.82%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.448.11 crores during the 6 months period ended September 30, 2020 as compared to Rs.368.31 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.36.60 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.14.39 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.28.53 for the 6 months period ended September 30, 2020 as compared to Rs.11.22 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 448.11 crs₹ 368.31 crsUp Tick 21.67%
Net Profit₹ 36.60 crs₹ 14.39 crsUp Tick 154.34%
EPS₹ 28.53₹11.22Up Tick 154.28%

Shares of NEULAND LABORATORIES LTD. was last trading in BSE at Rs.1185 as compared to the previous close of Rs. 1196.35. The total number of shares traded during the day was 2779 in over 444 trades.

The stock hit an intraday high of Rs. 1225 and intraday low of 1168.2. The net turnover during the day was Rs. 3302320.

Source : Equity Bulls

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