Jubilant Pharmova Q3 PAT up 52.4% at Rs310cr on lower exceptional premium costs

Jubilant Pharmova reported 16.69% growth in total revenues for the Dec-20 quarter on consolidated basis at Rs1,771.34cr

February 05, 2021 4:38 IST India Infoline News Service

Jubilant Pharmova reported 16.69% growth in total revenues for the Dec-20 quarter on consolidated basis at Rs1,771.34cr. Jubilant reported smart growth across its 3 verticals of pharmaceuticals, life sciences ingredients and contract research. The quarterly growth was largely driven by CDMO and generics.


The consolidated Profit after tax (PAT) for the Dec-20 quarter was up 52.39% at Rs309.93cr. The sharp rise in profits was due to a fall in the premium paid on early redemption of senior secured notes, which has been shown as an exceptional cost. That has fallen to one-third in the current quarter. As a result, the PAT margins improved sharply from 13.40% in Dec-19 to 17.50% in Dec-20.


Financial highlights for Dec-20 compared yoy and sequentially


Jubilant Pharmova
Rs in Crore Dec-20 Dec-19 YOY Sep-20 QOQ
Total Income (Rs cr) ₹ 1,771.34 ₹ 1,517.98 16.69% ₹ 1,591.35 11.31%
Net Profit (Rs cr) ₹ 309.93 ₹ 203.38 52.39% ₹ 224.03 38.34%
Diluted EPS (Rs) ₹ 19.46 ₹ 12.77 ₹ 14.06
Net Margins 17.50% 13.40% 14.08%
 

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