Categories AlphaGraphs, Health Care

Medico Remedies Ltd Q1FY24; 267% rise in Profits

Incorporated in 1994, Medico Remedies Ltd manufactures and sells pharmaceutical formulations.

Financial Results:

Medico Remedies Ltd reported Revenues for Q1FY24 of ₹31.47 Crores down from ₹33.14 Crore year on year, a fall of 5.04%.

Total Expenses for Q1FY24 of ₹29.89 Crores down from ₹34.08 Crores year on year, a fall of 12.29%.

Consolidated Net Profit of ₹1.32 Crores up 266.67% from ₹0.36 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.16, up 300.00% from ₹0.04 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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