Company has impaired Vemgal by Rs 1.19 billion to reflect the estimated realisable value of Rs 1.8 billion at which it is being sold to Hetero. Hence, reported PAT declined 89.6% y-o-y. Adjusting for it PAT fell 20.0% y-o-y to Rs 1.0 billion.
from The Financial Express https://ift.tt/3wvMJDb
Friday, 21 May 2021
Analyst Corner: Maintain ‘add’ on GSK Pharma with TP of Rs 1,613
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