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Zydus Lifesciences reports 53% rise in Q2 consolidated net profit

07 Nov 2023 Evaluate

Zydus Lifesciences has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 78.45% rise in its net profit at Rs 805.00 crore for the quarter under review as compared to Rs 451.10 crore for the same quarter in the previous year. Total income of the company increased by 13.61% at Rs 2,693.80 crore for Q2FY24 as compared to Rs 2,371.00 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 53.24% rise in its net profit at Rs 800.70 crore for Q2FY24 as compared to Rs 522.50 crore for the same quarter in the previous year. Total income of the company increased by 9.21% at Rs 4,422.80 crore for Q2FY24 as compared to Rs 4,049.90 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Sun Pharma. Inds. 1745.00
Dr. Reddys Labs. 1242.00
Cipla 1331.00
Lupin 1953.75
Zydus Lifesciences 1113.00
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