Wednesday, August 26, 2026

Zydus Life shares gain 5% as Q3 results beat estimates; Revenue, EBITDA up around 30% each

Date:

Shares of Zydus Lifesciences gained over 4% on Monday, February 9, after the company reported its third quarter earnings.Zydus Life’s December quarter results beat estimates across parameters.

The company’s net profit of ₹1,042 crore was higher than Street estimates of ₹940 crore. It was up 2% from the previous year’s ₹1,023.5 crore.
The company’s revenue increased 30.3% to ₹6,865 crore from ₹5,269 crore in the third quarter of the previous fiscal. It was also above CNBC-TV18 poll’s ₹6,294.3 crore.zydus life share price, zydus life stock, zydus life shares, zydus life, zydus life Q3, zydus life Q3 earnings, zydus life Q3 results, zydus life earnings, zydus life results, zydus life net profit, zydus life revenue, zydus life EBITDA, zydus life margin, Zydus Life’s earnings before interest, tax, depreciation and amortisation (EBITDA) increased 31% to ₹1,817 crore from ₹1,388 crore in the previous year. It was also higher than Street expectations of ₹1,516 crore.

Its margin expanded to 26.5% from 26.3% in the year-ago period and from CNBC-TV18 poll’s 24%.

The company reported forex gain of ₹164 crore compared to ₹183 crore in the previous year.

Zydus Life shares gained 5% to hit an intraday high of ₹933.35 apiece on Monday. The stock was up 3.6% at ₹920.1 apiece around 1.35 pm. It has gained 2.9% in the past month.

Also Read: Textile stocks surge up to 8% as India-US interim trade framework lifts sentiment

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

CG Power eyes $500 million annual revenue from semiconductor plant at scale

CG Power's semiconductor packaging facility could generate about $500...

Commerce Ministry: Trade ministers of India, Japan agree to accelerate review of trade pact

India's Commerce and Industry Minister Piyush Goyal held a...

Sugar prices cool after government crackdown, ex-mill rates fall 18% in a week

Sugar prices at the factory gate have fallen sharply...