Suven LifeSciences Q3 PAT up at Rs 71.96 lakh

Suven LifeSciences has announced its third quarter results of FY10. Its profit after tax (PAT) went up to Rs 71.96 lakh versus Rs 27.49 lakh, (YoY).

Revenues fell 16.6% to Rs 28.9 crore from Rs 34.7 crore and operating profit margin improved to 14.4% versus 4.2%.

Highlights

-CRAMS business down to Rs 21.33 crore versus Rs 25.9 crore

-Services revenue down to Rs 7.65 crore versus Rs 8.91 crore

-R&D EBIT Loss is Rs at 9.7 crore versus Rs 7.39 crore

-Total expenses down 18.8% to Rs 27 crore versus Rs 33.2 crore

-Raw Material costs down 37% to Rs 8.6 crore

-PAT saved by tax inflow of Rs 1.01 crore versus Rs 1.28 crore

-Interest costs lower at Rs 89 lakhs versus Rs 1.4 crore

Source: CNBC-TV18
Courtesy moneycontrol.com

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