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Tag: Zydus

Zydus Reports 97% Growth in Net Profit in FY24
Business News, Feature

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...
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