Zydus Wellness Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 17, 2023 at 12:10 pm IST
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Zydus Wellness Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 7,099 million compared to INR 6,351.9 million a year ago. Revenue was INR 7,137 million compared to INR 6,417.4 million a year ago. Net income was INR 1,453.3 million compared to INR 1,333 million a year ago. Basic earnings per share from continuing operations was INR 22.84 compared to INR 20.95 a year ago. Diluted earnings per share from continuing operations was INR 22.84 compared to INR 20.95 a year ago.
For the full year, sales was INR 22,426.1 million compared to INR 19,884.6 million a year ago. Revenue was INR 22,596.5 million compared to INR 20,195 million a year ago. Net income was INR 3,103.7 million compared to INR 3,088.7 million a year ago. Basic earnings per share from continuing operations was INR 48.78 compared to INR 48.54 a year ago. Diluted earnings per share from continuing operations was INR 48.78 compared to INR 48.54 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.
ZYDUS WELLNESS LIMITED 
