Zydus Wellness Q1 Results: Zydus Wellness Limited on Wednesday reported a 13.4 per cent drop in its consolidated net profit for the first quarter ended June 30 (Q1 FY26). According to the company, the decline was due to some of its seasonal brands being hit by a shorter summer, unseasonal rains, and higher expenses.
According to stock exchange filings, the company posted a net profit of Rs 127.9 crore, lower than Rs 147.7 crore in the corresponding quarter last year (Q1 FY25).
Revenue from operations rose marginally to Rs 860.9 crore from Rs 841 crore in the same period last year, the company said in a regulatory filing.
Total expenses during the quarter rose to Rs 718.6 crore as against Rs 694.4 crore in the same period last year, the company said in a filing.
The company also spent more on advertising and promotion, rising to Rs 132.5 crore from Rs 124.3 crore a year ago.
The total expenses include material consumption cost of Rs 267.2 crore, employee benefit expense of Rs 68.2 crore and depreciation and amortisation expense of Rs 10.8 crore.
Zydus Wellness, which owns popular brands such as Glucon-D, Nutralite, Complan, Sugar Free, Nycil and EverYouth Naturals, said most of its brands achieved gross margin growth, reflecting the strength of its portfolio.
However, the contribution of seasonal brands was temporarily impacted due to unusual weather conditions.
“The saliency of seasonal brands was temporarily impacted by shorter-than-usual summers and unseasonal rains,” it added.
At around 2:15 pm, the company’s shares were trading at Rs 2047, up Rs 34.5 or 1.71 per cent. In the last five days, it has given a negative return of Rs 61 or 2.9 per cent.
As per official data, the shares have given a return of Rs 23 or 1.14 per cent to its investors in a period of one month.
With the inputs of IANS
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