Zydus Reports 97% Growth in Net Profit in FY24
Ahmedabad,, May 17, 2024.Financial Highlights of full year FY24• Revenue from operations was Rs. 195,474 mn, up 13% over last year.• Net Profit was Rs. 38,595 mn, up 97% YoY.• EBITDA was Rs. 53,843 mn, up 40% YoY. EBITDA margin stood at 27.5%, an improvement of 510 bps over the previous year.• Research & Development (R&D) investments stood at Rs. 13,096 mn (6.7% of revenues).• Capex (organic) for the year was Rs. 8,628 mn.Financial Highlights of Q4FY24• Revenue from operations was Rs. 55,338 mn, up 10% over last year.• Net Profit for the quarter was Rs. 11,823 mn, up 299% YoY.• EBITDA for the quarter was Rs. 16,305 mn, up 30% YoY. EBITDA margin for the quarter stood at 29.5%, an improvement of 4...
