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Zydus Wellness reports over 30 percent drop in Q2 net profit
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...
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.
Ruchika Sharma joined Medical Dialogue as an Desk Editor 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