Poly Medicure Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2021
May 24, 2021 at 04:48 am EDT
Share
Poly Medicure Limited announced earnings results for the fourth quarter ended March 31, 2021. For the fourth quarter, the company announced total revenue was INR 2,196.277 million compared to INR 1,765.604 million a year ago. Operating income was INR 501.444 million compared to INR 278.167 million a year ago. Net income was INR 388.464 million compared to INR 226.551 million a year ago. Basic earnings per share from continuing operations was INR 4.26 compared to INR 2.57 a year ago. Diluted earnings per share from continuing operations was INR 4.25 compared to INR 2.57 a year ago. For the full year, total revenue was INR 8,048.846 million compared to INR 7,057.024 million a year ago. Operating income was INR 1,767.433 million compared to INR 1,235.826 million a year ago. Net income was INR 1,358.744 million compared to INR 958.779 million a year ago. Basic earnings per share from continuing operations was INR 15.25 compared to INR 10.86 a year ago. Diluted earnings per share from continuing operations was INR 15.24 compared to INR 10.86 a year ago.
Poly Medicure Limited is an India-based medical devices company. The Company is engaged in manufacturing and selling medical devices. The Company holds a portfolio of over 375 patents covering a range of products in various areas, including vascular access, renal care, transfusion and diagnostics systems. These products cater to a range of therapeutic segments, such as infusion therapy, oncology, anesthesia and respiratory care, urology, gastroenterology, blood management and blood collection, surgery and wound drainage, dialysis, central venous access catheters, veterinary medical devices, and others. It supplies its products to more than 100 countries across Europe, Africa, the Americas, Australia, and Asia. Its products include IV cannula, arterial cannula, prefilled syringe, nasogastric feeding tube, gastro-duodenal feeding tube, umbilical catheter, irrigation sets, urine drainage catheters and others. It operates ten manufacturing facilities across India, China, Egypt and Italy.
POLY MEDICURE LIMITED 
