Zydus Wellness reports over 30 percent drop in Q2 net profit
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Bengaluru: Indian consumer good company Zydus Wellness reported a more than 30 per cent drop in second-quarter net profit on Monday due to a one-off deferred tax expense.
The maker of Glucon-D energy drink and Complan health drink, posted a net profit of 59 million rupees ($709,134.62) for the quarter ended Sept. 30, as it flagged a deferred tax of 27 million rupees.
However, it reported a 4.9 per cent rise in profit excluding tax expenses at 86 million rupees.
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