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Aarey Drugs & Pharmaceuticals Ltd Q1FY24; 10% fall in Profits

Aarey Drugs & Pharmaceuticals Ltd is engaged in manufacturing and trading of APIs and Bulk Drugs and offers a range of products for diverse industrial applications.


Financial Results:

  • Aarey Drugs & Pharmaceuticals Ltd reported Revenues for Q1FY24 of ₹50.96 Crores down from ₹118.84 Crore year on year, a fall of 57.12%.
  • Total Expenses for Q1FY24 of ₹50.93 Crores down from ₹118.89 Crores year on year, a fall of 57.16%.
  • Consolidated Net Profit of ₹0.72 Crores down 10.0% from ₹0.80 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.28, down 12.50% from ₹0.32 in the same quarter of the previous year.
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