Zydus Wellness Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 08, 2024 at 02:11 am EST
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Zydus Wellness Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 4,001 million compared to INR 4,130 million a year ago. Revenue was INR 4,066 million compared to INR 4,172 million a year ago. Net income was INR 3 million compared to INR 196 million a year ago. Basic earnings per share from continuing operations was INR 0.05 compared to INR 3.07 a year ago. Diluted earnings per share from continuing operations was INR 0.05 compared to INR 3.07 a year ago.
For the nine months, sales was INR 15,372 million compared to INR 15,327 million a year ago. Revenue was INR 15,551 million compared to INR 15,461 million a year ago. Net income was INR 1,166 million compared to INR 1,651 million a year ago. Basic earnings per share from continuing operations was INR 18.32 compared to INR 25.94 a year ago. Diluted earnings per share from continuing operations was INR 18.32 compared to INR 25.94 a year ago.
Zydus Wellness Limited is an India-based consumer wellness company. The Company operates as an integrated consumer company with business encompassing the entire value chain in the development, production, marketing and distribution of health and wellness products. The product portfolio of the Company includes brands like Sugar Free, Everyuth, Nutralite, Complan, Glucon-D and Nycil. Glucon-D Regular variant is a source of vitamin D and Flavor variants are a rich source of vitamin C. Complan is a health food drink, scientifically designed for growing school children and contains nutrients along with milk protein. Sugar Free is a low-calorie sweetener, which is a replacement of sugar for the calorie-conscious, weight watchers and diabetics. Everyuth offers a range of skincare products under the brand name of Everyuth Naturals. Nycil prickly heat and cooling powder brand and has also expanded its portfolio into the hand sanitizer category.
ZYDUS WELLNESS LIMITED 
