Net profit of Pharmaids Pharmaceuticals reported to Rs 0.37 crore in the quarter ended March 2020 as against net loss of Rs 0.09 crore during the previous quarter ended March 2019. There were no Sales reported in the quarter ended March 2020 as against Rs 0.02 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 0.03 crore in the year ended March 2020 as against net loss of Rs 0.18 crore during the previous year ended March 2019. There were no Sales reported in the year ended March 2020 as against Rs 0.56 crore during the previous year ended March 2019.

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Pharmaids Pharmaceuticals announced the resignation of Mahendra Kumar Ranka from the post of Independent Director of the company on 24 February 2020.

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Net loss of Pharmaids Pharmaceuticals reported to Rs 0.19 crore in the quarter ended December 2019 as against net profit of Rs 0.04 crore during the previous quarter ended December 2018. There were no Sales reported in the quarter ended December 2019 as against Rs 0.51 crore during the previous quarter ended December 2018.

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Pharmaids Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 13 February 2020.

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