Zydus Wellness Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 06, 2023 at 01:29 am EST
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Zydus Wellness Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 4,379 million compared to INR 4,267 million a year ago. Revenue was INR 4,440 million compared to INR 4,305 million a year ago. Net income was INR 59 million compared to INR 85 million a year ago. Basic earnings per share from continuing operations was INR 0.93 compared to INR 1.33 a year ago. Diluted earnings per share from continuing operations was INR 0.93 compared to INR 1.33 a year ago.
For the six months, sales was INR 11,371 million compared to INR 11,197 million a year ago. Revenue was INR 11,485 million compared to INR 11,289 million a year ago. Net income was INR 1,163 million compared to INR 1,455 million a year ago. Basic earnings per share from continuing operations was INR 18.28 compared to INR 22.86 a year ago. Diluted earnings per share from continuing operations was INR 18.28 compared to INR 22.86 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 
