Indoco Remedies Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue increased by 12.91% in Q2 FY24, indicating strong demand.
Operating profit margin improved significantly from Q1 FY24, suggesting better cost management.
Net profit turned positive in Q2 FY24, reversing a downward trend from previous quarters.

NEGATIVES

Profit dropped sharply to -10.01 Cr in Q3 FY24 from positive figures in previous quarters.
Expenses surged, particularly material costs, impacting overall profitability.
The tax burden increased significantly, affecting net profit margins negatively.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Jun 25
Revenue	426.50	481.73	459.42	449.64	431.49	432.66	410.55	437.89
Expenses	393	439.88	430.94	439.05	425.55	439.06	443.35	476.18
Operating Profit	33.50	41.85	28.48	10.59	5.94	-6.40	-32.80	-38.29
Other Income	0.41	4.43	2.35	2.66	1.03	1.56	0.85	1.63
Interest	7.79	8.11	10.07	12.05	14.31	17.83	16.11	26.12
Depreciation	19.88	21.41	24.35	26.23	27.52	28.82	28.72	29.70
Profit Before Tax	33.91	46.28	22.63	32.98	6.97	-4.84	-30.96	-36.66
Tax	9.73	11.04	7.07	10.95	5.15	5.17	-2.56	-0.31
Net Profit	24.18	35.24	15.56	22.03	1.82	-10.01	-28.40	-36.35
Eps in Rs	2.62	3.82	1.69	2.39	0.20	-1.09	-3.08	-3.94