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Zydus Wellness share price: Sharekhan maintains Buy rating, target price of Rs 2505 - Vimarsana News

Zydus Wellness share price: Sharekhan maintains Buy rating, target price of Rs 2505

Zydus Wellness share price: Sharekhan maintains Buy rating, target price of Rs 2505 zeebizindia@gmail.com (Zee Business) © Provided by Zee Business Sharekhan  says that Zydus Wellness revenue grew by 24.2% yoy to Rs 606 cr in Q4FY2021, better than our expectation of Rs 537.5 cr. Except for Nutralite and Glucon D, all other brands registered high double-digit revenue growth during the quarter. Late start to season resulted in high single digit growth for Glucon D, while Nutralite sales (largely an institutional business) saw sequential improvement in sales, which reached pre...

Source: msn.com
Zydus Wellness Ltd reports Q3FY21 earnings - Vimarsana News

Zydus Wellness Ltd reports Q3FY21 earnings

Zydus Wellness Ltd reports Q3FY21 earnings Posted On: 2021-02-01 10:02:38 (Time Zone: Arizona, USA) Zydus Wellness Ltd., announced results for the third quarter ended 31st December 2020. The company reported 15.6% growth in consolidated net sales which stood at Rs.3764 million. The Company reported consolidated income from operations at Rs.3816 million, up by 14.7%. EBIDTA was up by 32.7% y-o-y to Rs.495 Million. In line with its strategic initiatives to pare down the debt, the Company during the quarter has fully redeemed Nonconvertible debentures of Rs.15000 million. In the process of ...