Indoco Remedies Q1 Results Live : profit falls by 89.22% YOY

Indoco Remedies Q1 Results Live : Indoco Remedies declared their Q1 results on 23 Jul, 2024. The topline increased by 1.17% & the profit decreased by 89.22% YoY. As compared to the previous quarter the revenue declined by 4.04% and the profit decreased by 88.41%.

The Selling, general & administrative expenses rose by 10.15% q-o-q & increased by 6.25% Y-o-Y.

The operating income was down by 52.21% q-o-q & decreased by 50.96% Y-o-Y.

The EPS is ₹0.2 for Q1 which decreased by 92.37% Y-o-Y.

Indoco Remedies has delivered -3.56% return in the last 1 week, -13.37% return in last 6 months and -19.17% YTD return.

Currently the Indoco Remedies has a market cap of ₹2944.76 Cr and 52wk high/low of ₹415 & ₹286.6 respectively.

As of 24 Jul, 2024 out of 3 analysts covering the company, 1 analyst has given Hold rating, 1 analyst has given Buy rating &1 analyst has given Strong Buy rating.

The consensus recommendation as on 24 Jul, 2024 was to Buy.