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14-May-2024

Sanofi India

PAT down 28.26%


'For the quarter ending March 2024, standalone net sales (including other operating income) of Sanofi India has declined 0.56% to Rs 732.40 crore compared to quarter ended March 2023.  Operating profit margin has declined from 31.22% to 29.89%, leading to 4.78% decline in operating profit to Rs 218.90 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 18.46% to 23.62%.   Purchase of finished goods cost fell from 26.74% to 6.71%.   Employee cost increased from 11.65% to 15.18%.   Other expenses rose from 13.98% to 18.52%.   

Other income fell 74.81% to Rs 6.5 crore.  PBIDT fell 11.85% to Rs 225.4 crore.  Provision for interest remained nil.  

PBDT fell 11.86% to Rs 225.1 crore.  Provision for depreciation rose 3.09% to Rs 10 crore.  

Profit before tax down 12.45% to Rs 215.10 crore.  Provision for tax was expe...



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