Zydus Lifesciences touches roof on reporting 3-fold jump in Q4 consolidated net profit

18 May 2024 Evaluate

Zydus Lifesciences is locked at  its upper circuit limit of Rs. 1104.45, up by 52.55 points or 5.00% from its previous closing of Rs. 1051.90 on the BSE.

The scrip opened at Rs. 1104.45 and has touched a high and low of Rs. 1104.45 and Rs. 1104.45 respectively. So far 21036 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1,104.45 on 18-May-2024 and a 52 week low of Rs. 482.55 on 22-May-2023.

Last one week high and low of the scrip stood at Rs. 1104.45 and Rs. 970.45 respectively. The current market cap of the company is Rs. 105845.75 crore.

The promoters holding in the company stood at 74.98%, while Institutions and Non-Institutions held 18.35% and 6.66% respectively.

Zydus Lifesciences has reported over 2- fold jump in its net profit at Rs 1405.20 crore for fourth quarter ended March 31, 2024 as compared to Rs 490.70 crore for the same quarter in the previous year. Total income of the company increased by 30.49% at Rs 3693.50 crore for Q4FY24 as compared Rs 2830.50 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 3- fold jump in its net profit at Rs 1182.30 crore for fourth quarter ended March 31, 2024 as compared to Rs 296.60 crore for the same quarter in the previous year. Total income of the company increased by 12.71% at Rs 5690.20 crore for Q4FY24 as compared Rs 5048.40 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported over 2- fold jump in its net profit at Rs 3441.50 crore as compared to Rs 1529.20 crore for the previous year. Total income of the company increased by 28.27% at Rs 11903.50 crore for year under review as compared to Rs 9280.00 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 96.88% rise in its net profit at Rs 3859.50 crore as compared to Rs 1960.30 crore for the previous year. Total income of the company increased by 13.81% at Rs 19831.50 crore for year under review as compared to Rs 17424.00 crore for year ended March 31, 2023.

Zydus Lifesciences Share Price

1001.15 -22.45 (-2.19%)
31-May-2024 16:01 View Price Chart
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