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zk37 | 5 min 28 sec

countryman | 10 min 21 sec

Granules India : FY15 Revenue increases 18% to Rs. 1,293 Cr.; Net Profit rises 21% to Rs. 91 Cr Envoyer par mail Granules indias sales increases 18% to Rs. 1,293 Cr.; Net Profit rises 21% to Rs. 91 Cr Hyderabad, April 27, 2015: Granules India Ltd., a fast growing pharmaceutical manufacturing company, announced financial results for its financial year ended March 31, 2015. Granules consolidated net sales increased 18% to Rs. 1,293 Cr. while consolidated net profit increased 21% to Rs. 91 Cr. Financial Highlights for the Fiscal Year ended March 31, 2015  Net Revenue: Rs. 1,293 Cr., an increase of 18% compared to Rs. 1,096 Cr. in FY14  EBITDA: Rs. 213 Cr., an increase of 31% compared to Rs. 163 Cr. in FY14  PBT: Rs. 128 Cr., an increase of 14% compared to Rs. 112 Cr. in FY14  Net Profit: Rs. 91 Cr., an increase of 21% compared to Rs. 75 Cr. in FY14 The Company has recorded sales of Rs. 355 Cr. for Q4FY15, 12% higher than the corresponding quarter in FY14. The EBITDA and PAT were Rs. 52 Cr. and Rs. 22 Cr. respectively. The Company`s standalone sales during the year were Rs.1, 213 Cr., an increase of 21% from previous year. EBITDA and PAT increased by 28% and 18% to Rs. 213 Cr. and Rs. 95 Cr. compare to last financial year. On a full year standalone basis, Finished Dosages continue to be the largest contributor to the business and constituted 38% of sales. PFI and API segment has contribution of 28% and 34% of sales respectively. Sales to the regulated markets increased to 69% against 65% compare to last financial year. The Company`s Board of Directors has proposed a dividend of 50 paise /share representing 50% of Paid up Capital for the financial year 2014-15 "The past year was exciting for Granules because we bolstered new growth opportunities while reinforcing our foundation.

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14:33 pm

Govt reduces excise duty on leather footwear to 6%

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14:31 pm

Excise duty on cigarettes increased by 25% for sub-65 mm cigarettes

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Service tax hike of 2.4% for non-economy class air travel

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Fee for technical services rate reduced from 25% to 10%

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Govt reduces royalty rates

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Entertainment sector removed from service tax negative list

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Import duty on vehicles with capacity more than 10 seats increased to 40% from 10%

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Customs duty on bituminous coal reduced to 10% from 55%

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Customs duty on LED, LCD panels made nil

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