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Strides Pharma Science Ltd Q1FY24; 1% fall in Revenue

Strides Pharma Science Ltd is in the business of development and manufacturing of pharmaceutical products. The company’s pharmaceutical products are sold in over 100 countries. The company has always followed an inorganic growth strategy over the years that resulted in foray into new markets, addition of new business segments, therapy segments and manufacturing infrastructure.

Financial Results:

Strides Pharma Science Ltd reported Revenues for Q1FY24 of ₹930.00 Crores down from ₹940.00 Crore year on year, a fall of 1.06%.

Total Expenses for Q1FY24 of ₹932.00 Crores down from ₹1,051.00 Crores year on year, a fall of 11.32%.

Consolidated Net Profit of -₹9.00 Crores from -₹135.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.79, from -₹15.13 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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