Medico Remedies Ltd H1 net profit at Rs. 1.63 crore

Medico Remedies Ltd has reported financial results for the period ended September 30, 2020.

Financial Results (H1 FY20-21)

The company has reported net sales of Rs.61.83 crores during the 6 months period ended September 30, 2020 as compared to Rs.47.12 crores during the period ended March 31, 2020.

The company has posted net profit of Rs.1.63 crores for the 6 months period ended September 30, 2020 as against Rs.0.82 crores for the 6 months period ended March 31, 2020.

The company has reported EPS of Rs.3.95 for the 6 months period ended September 30, 2020 as compared to Rs.2 for the 6 months period ended March 31, 2020.

Financials	H1 FY20-21	H2 FY19-20	% Change
Total Income	₹ 61.83 crs	₹ 47.12 crs	31.22%
Net Profit	₹ 1.63 crs	₹ 0.82 crs	98.78%
EPS	₹ 3.95	₹ 2	97.5%

Financial Results (H1 FY20-21) - YoY Comparison

The company has reported net sales of Rs.61.83 crores during the 6 months period ended September 30, 2020 as compared to Rs.43.61 crores during the 6 months period ended September 30, 2019.

The company has posted net profit of Rs.1.63 crores for the 6 months period ended September 30, 2020 as against Rs.0.80 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.3.95 for the 6 months period ended September 30, 2020 as compared to Rs.1.93 for the 6 months period ended September 30, 2019.

Financials	H1 FY20-21	H1 FY19-20	% Change
Total Income	₹ 61.83 crs	₹ 43.61 crs	41.78%
Net Profit	₹ 1.63 crs	₹ 0.80 crs	103.75%
EPS	₹ 3.95	₹ 1.93	104.66%

Source : Equity Bulls

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