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Medicamen Biotech Ltd Q1FY24; 23% rise in Profits

Medicamen Biotech Ltd develops and markets a wide range of branded and generic formulations in the pharmaceutical industry.

Financial Results:

Medicamen Biotech Ltd reported Revenues for Q1FY24 of ₹40.50 Crores up from ₹33.09 Crore year on year, a rise of 22.39%.

Total Expenses for Q1FY24 of ₹35.73 Crores up from ₹29.73 Crores year on year, a rise of 20.18%.

Consolidated Net Profit of ₹4.42 Crores up 23.12% from ₹3.59 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.49, up 18.71% from ₹2.94 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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