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KRChoksey Research Report
During Q1 FY23, Supriya Lifescience Ltd. reported revenue of Rs 1,037 million (up 31.43% YoY / down 43.98% QoQ). Such growth was mainly driven by strong sales from analgesic/anestetic segment which contributed 51% to the topline against 15% in same period last year.
On operational front Ebitda in Q1 FY23 stood at Rs 337 million but dipped on QoQ basis by 57.44%, operating profit margin improved by 1,035 basis points YoY and was largely impacted QoQ which came at 32.46% in Q1 FY23.
Increase in the cost of solvents weighed on the Ebitda margins during the quarter.
Supriya Lifescience’s net profit in Q1 FY23 stood at Rs 252 million against 77 million in Q1 FY22 and it was down by 45.45% on QoQ basis. Net profit margin came at 24.30%, up 1,454 bps YoY and down marginally by 66 bps on QoQ basis.
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