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Venus Remedies Ltd Q1FY24; 83% fall in Profits

Venus Remedies Ltd is an Indian Pharmaceutical company with a presence in domestic and international markets. It is primarily engaged in the business of pharmaceutical products manufacturing.

Financial Results:

Venus Remedies Ltd reported Revenues for Q1FY24 of ₹95.15 Crores down from ₹143.08 Crore year on year, a fall of 33.5%.

Total Expenses for Q1FY24 of ₹92.36 Crores down from ₹136.63 Crores year on year, a fall of 32.4%.

Consolidated Net Profit of ₹1.18 Crores down 82.87% from ₹6.89 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.88, down 82.91% from ₹5.15 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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