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Budget News

  • SMS Life gallops after Q4 PAT grows 222% to Rs 5 cr
  • June 21,2021  09:28

  • Profit before tax soared 430.70% to Rs 6.74 crore in Q4 FY21 as against Rs 1.27 crore in Q4 FY20. The Q4 earnings were announced after market hours on Friday, 18 June 2021.

    During the financial year, SMS Lifesciences India's consolidated net profit jumped 33.10% to Rs 13.55 crore on 1.84% rise in revenue from operations to Rs 265.59 crore in FY 2021 over FY 2020.

    The group has not experienced any significant impact on its operations, supply chain and recoverability of carrying amounts of financial and non-financial assets due to COVID-19 pandemic.

    Meanwhile, the board has recommended a dividend of Rs 1.50 per equity share for the FY 2020-21.

    SMS Lifesciences India is presently engaged in the business of manufacturing, buying, selling, offering consultancy, importing and exporting, acting as commission agents and generally dealing with of all types of organic & inorganic chemicals, pharmaceuticals, active pharmaceutical ingredients (API) and intermediates.

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Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Mutual Fund investments are subject to market risks. Read all scheme related documents carefully. PMS is not offered in commodity derivative segment. Insurance is the subject matter of solicitation. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. The price, value of and income from any of the securities or financial instruments mentioned in this report can fall as well as rise.The securities are quoted as an example and hot as a recommendation.

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