Zydus Wellness Q2 results: Net profit at ₹5.1 cr, revenue up at ₹1,126 cr ...Middle East

Economy by : (Business Standard) -
Zydus Wellness on Tuesday reported a consolidated net profit of Rs 5.1 crore in the September quarter due to higher revenues. The company posted a net loss of Rs 52.8 crore in the corresponding period of the previous fiscal year, the company said in a regulatory filing. Its revenue from operations rose sharply to Rs 1,126.6 crore in the quarter under review, up from Rs 650.5 crore in the year-ago period, it added. Total expenses increased to Rs 1,125.4 crore in the July-September period from Rs 668.3 crore a year earlier. Zydus Wellness shares were trading 0.63 per cent higher at Rs 486.25 apiece on the BSE.

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