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Zydus Wellness registers 20 percent net sales growth in Q1
![Zydus Wellness registers 20 percent net sales growth in Q1 Zydus Wellness registers 20 percent net sales growth in Q1](https://medicaldialogues.in/h-upload/2024/05/15/750x450_238275-zydus-wellness-50.webp)
Ahmedabad: For the first quarter ended June 30, 2024, Zydus Wellness Ltd., recorded its highest ever Q1 net sales growth of 20 percent which stood at Rs. 8,391 million y-o-y. The Company registered growth in EBIDTA of 33.3% y-o-y basis to Rs. 1,553 million. Net profit for the quarter grew by 33.8% and stood at Rs. 1,477 million. Adjusted PAT grew by 39.6% y-o-y after eliminating exceptional items and one-time deferred tax assets from the comparable quarter of the previous year. During the quarter, the Company repaid its debt in full, thus de-leveraging its balance sheet and yet retaining its strong cash position at the quarter end.
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Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751