Lasa Supergenerics Q1FY21 PAT at Rs. 5.37 crore, up 437% YoY

Lasa Supergenerics Limited, a vertically integrated group spanning the entire animal and human healthcare value chain has announced its financial results for the first quarter ended June 30th 2020 (Q1FY21)

Q1FY21 performance overview compared with Q4FY20

- Revenues from operations stood at Rs. 54.60 crore as against Rs. 48.58crore in Q4FY20
- EBITDA of Rs. 12.20 crore as compared to Rs. 9.01 crore in Q4FY20
- EBITDA margins at 22.34%
- PAT stood at Rs. 5.37crore as compared to Rs.2.61 crore in Q4FY20
- EPS for Q1FY21 stood at Rs. 1.32

Q1FY21 performance overview compared with Q1FY20

- Revenues from operations stood at Rs. 54.60crore as against Rs. 38.98crore in Q1FY20
- EBITDA of Rs. 12.20crore as compared to Rs. 5.06 crore in Q1FY20
- EBITDA margins at 22.34% as against 12.98% in Q1FY20
- PAT stood at Rs.5.37crore as against a loss of Rs.1.07 crore
- EPS for Q1FY21 stood at Rs. 1.32 as compared to Rs. 0.47 in Q1FY20

For first quarter ended June 30th 2020

Revenues from operations for the first quarter ended June 30th, 2020(Q1FY21) stood at Rs. 54.60crore. The Company reported Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) of Rs. 12.20crore in Q1FY21, as against Rs 9.01crore in Q4FY20; up 35.4%. The Company's EBITDA margin stood at 22.34%

The Company reported PAT of Rs. 5.37crore for Q1FY21.The Company's PAT margin stood at 9.84% Earnings per share (EPS) for the quarter ended Q1FY21 stood at Rs 1.32 The Finance cost reduced by 45% Q-o-Q from Rs. 2.29 crore in Q4FY20 to Rs. 1.26 crore in Q1FY21.

Commenting on the performance, Dr. OmkarHerlekar, Chairman - LasaSupergenerics Limited, said, "We have reported a good performance in our business in Q1 FY21 despite significant disruptions and ambiguity in the business environment. We are confident that the Company under its strong leadership and planned strategies will navigate through these difficult times. We have also substantially brought down the debt".

Shares of Lasa Supergenerics Ltd was last trading in BSE at Rs.58.4 as compared to the previous close of Rs. 55.65. The total number of shares traded during the day was 84295 in over 439 trades.

The stock hit an intraday high of Rs. 58.4 and intraday low of 56. The net turnover during the day was Rs. 4885287.

Source : Equity Bulls

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