Zydus Wellness Limited Reports Earnings Results for the First Quarter Ended June 30, 2022
July 29, 2022 at 12:13 pm IST
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Zydus Wellness Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 6,929.8 million compared to INR 5,882.1 million a year ago. Revenue was INR 6,987.1 million compared to INR 5,999.7 million a year ago. Net income was INR 1,370.1 million compared to INR 1,308 million a year ago. Basic earnings per share from continuing operations was INR 21.53 compared to INR 20.56 a year ago. Diluted earnings per share from continuing operations was INR 21.53 compared to INR 20.56 a year ago.
Zydus Wellness Limited is an India-based consumer wellness company. The Company operates as an integrated consumer company with business encompassing the entire value chain in the development, production, marketing and distribution of health and wellness products. The product portfolio of the Company includes brands like Sugar Free, Everyuth, Nutralite, Complan, Glucon-D and Nycil. Glucon-D Regular variant is a source of vitamin D and Flavor variants are a rich source of vitamin C. Complan is a health food drink, scientifically designed for growing school children and contains nutrients along with milk protein. Sugar Free is a low-calorie sweetener, which is a replacement of sugar for the calorie-conscious, weight watchers and diabetics. Everyuth offers a range of skincare products under the brand name of Everyuth Naturals. Nycil prickly heat and cooling powder brand and has also expanded its portfolio into the hand sanitizer category.