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Earnings

Poly Medicure's two plants to go on stream by year-end

Updated : October 27, 2020 04:03 PM IST

Poly Medicure, manufacturers of medical devices and disposables under the brand name Polymed, on Tuesday said it expects two plants to go on stream by year-end after it posted a net profit of Rs 35 crore.

In an interview to CNBC-TV18, Himanshu Baid, managing director, said, "We expect growth in the second half of the year to be similar to the first half of FY21.

"On revenue, Baid said 30 percent of it comes from India, 30 percent from Europe, and remaining from the rest of the world.

"We have 7-8 percent market share in the dialysis segment," he added.

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