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Medico Remedies - Quaterly Results

10 Aug 2023 Evaluate
The sales slipped to Rs. 314.70 millions for the June 2023 quarter as against Rs. 331.38 millions during the year-ago period.The Net Profit of the company vaulted to 270.03% to Rs. 13.21  millions from Rs. 3.57 millions in the previous quarter.Operating profit for the quarter ended June 2023 rose to 27.70 millions as compared to 14.11 millions of corresponding quarter ended June 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 314.70 331.38 -5.03 314.70 331.38 -5.03 1404.37 1210.21 16.04
Other Income 3.14 15.96 -80.33 3.14 15.96 -80.33 39.47 20.29 94.53
PBIDT 27.70 14.11 96.31 27.70 14.11 96.31 135.67 93.63 44.90
Interest 1.72 1.67 2.99 1.72 1.67 2.99 7.47 6.62 12.84
PBDT 25.98 12.44 108.84 25.98 12.44 108.84 128.20 87.01 47.34
Depreciation 7.14 5.93 20.40 7.14 5.93 20.40 27.20 22.18 22.63
PBT 18.84 6.51 189.40 18.84 6.51 189.40 101.00 64.83 55.79
TAX 5.63 2.94 91.50 5.63 2.94 91.50 28.57 16.71 70.98
Deferred Tax -0.29 1.21 -123.97 -0.29 1.21 -123.97 3.62 -1.24 -391.94
PAT 13.21 3.57 270.03 13.21 3.57 270.03 72.43 48.12 50.52
Equity 82.98 165.97 -50.00 82.98 165.97 -50.00 82.98 165.97 -50.00
PBIDTM(%) 8.80 4.26 106.72 8.80 4.26 106.72 9.66 7.74 24.87
Peers
Company Name CMP
Sun Pharma. Inds. 1864.00
Dr. Reddys Labs. 1140.80
Cipla 1380.00
Lupin 2075.00
Zydus Lifesciences 1118.00
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