Company watch: Krsnaa Diagnostics suffers expansion pangs but poised for virus boom

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Pune-based Krsnaa Diagnostics Pvt. Ltd’s profit before taxes shrank by close to 15% in 2019-20 owing to higher interest costs resulting from debt taken on to fund capex. PBT is being preferred to the bottomline in the analysis as taxes tend to distort the net profit picture in this firm’s case. To ......