{"id":153574,"date":"2023-08-14T09:33:51","date_gmt":"2023-08-14T13:33:51","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153574"},"modified":"2023-08-14T09:33:52","modified_gmt":"2023-08-14T13:33:52","slug":"syncom-formulations-india-ltd-q1fy24-10-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/syncom-formulations-india-ltd-q1fy24-10-rise-in-profits\/","title":{"rendered":"Syncom Formulations (India) Ltd Q1FY24; 10% rise in Profits"},"content":{"rendered":"\n<p>Established in the year 1995, Syncom Formulations is a global pharmaceutical company that manufactures and markets a broad range of healthcare products. The company is a generic pharmaceutical player operating in more than 15 countries worldwide having more than 400 products registered.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Syncom Formulations (India) Ltd reported Revenues for Q1FY24 of \u20b959.36 Crores up from \u20b951.40 Crore year on year, a rise of 15.49%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b955.43 Crores up from \u20b949.42 Crores year on year, a rise of 12.16%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b94.25 Crores up 9.82% from \u20b93.87 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.05, up 25.00% from \u20b90.04 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-963.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-963-839x1024.png\" alt=\"\" class=\"wp-image-153575\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-963-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-963-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-963-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-963-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-963.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Established in the year 1995, Syncom Formulations is a global pharmaceutical company that manufactures and markets a broad range of healthcare products. The company is a generic pharmaceutical player operating in more than 15 countries worldwide having more than 400 products registered. Financial Results: Syncom Formulations (India) Ltd reported Revenues for Q1FY24 of \u20b959.36 Crores [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":153575,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5747],"tags":[11080,8157,1115],"class_list":["post-153574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-healthcare-stocks","tag-formulations","tag-healthcare","tag-pharmaceuticals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-963.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":153640,"url":"https:\/\/alphastreet.com\/india\/sakar-healthcare-ltd-q1fy24-1-fall-in-profits\/","url_meta":{"origin":153574,"position":0},"title":"Sakar Healthcare Ltd Q1FY24; 1% fall in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"Sakar Healthcare Ltd is engaged in manufacturing of Pharmaceutical formulations in the form of liquid injectables, tablets\/ capsules, oral liquid syrups, dry powder injectables and syrups. The company also operates as a contract development and manufacturing organization (CDMO) for various leading pharmaceutical companies. Financial Results: Sakar Healthcare Ltd reported Revenues\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-986.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-986.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-986.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-986.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-986.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-986.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151787,"url":"https:\/\/alphastreet.com\/india\/medicamen-biotech-ltd-q1fy24-23-rise-in-profits\/","url_meta":{"origin":153574,"position":1},"title":"Medicamen Biotech Ltd Q1FY24; 23% rise in Profits","author":"Karan_Singh","date":"August 8, 2023","format":false,"excerpt":"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 \u20b940.50 Crores up from \u20b933.09 Crore year on year, a rise of 22.39%. Total Expenses for Q1FY24 of \u20b935.73 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-371.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-371.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-371.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-371.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-371.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-371.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151515,"url":"https:\/\/alphastreet.com\/india\/torrent-pharmaceuticals-ltd-q1fy24-7-rise-in-profits\/","url_meta":{"origin":153574,"position":2},"title":"Torrent Pharmaceuticals Ltd Q1FY24; 7% rise in Profits","author":"Chirag Gupta","date":"August 7, 2023","format":false,"excerpt":"Torrent Pharmaceuticals Ltd is one of the leading Indian Pharmaceutical Company engaged in research, development, manufacturing and marketing of generic pharmaceutical formulations. Financial Results: Torrent Pharmaceuticals Ltd reported Revenues for Q1FY24 of \u20b92,591.00 Crores up from \u20b92,347.00 Crore year on year, a rise of 10.4%. Total Expenses for Q1FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-281.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-281.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-281.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-281.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-281.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-281.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151832,"url":"https:\/\/alphastreet.com\/india\/shivalik-rasayan-ltd-q1fy24-23-fall-in-profits\/","url_meta":{"origin":153574,"position":3},"title":"Shivalik Rasayan Ltd Q1FY24; 23% fall in Profits","author":"Chirag Gupta","date":"August 8, 2023","format":false,"excerpt":"The company is into manufacturing of agrochemicals and in 2015 it forayed into pharmaceuticals.The company acquired Medicamen Biotech Limited in 2015 which is engaged in manufacturing pharmaceutical formulations. Financial Results: Shivalik Rasayan Ltd reported Revenues for Q1FY24 of \u20b964.47 Crores up from \u20b957.83 Crore year on year, a rise of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-387.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-387.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-387.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-387.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-387.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-387.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152626,"url":"https:\/\/alphastreet.com\/india\/medico-remedies-ltd-q1fy24-267-rise-in-profits\/","url_meta":{"origin":153574,"position":4},"title":"Medico Remedies Ltd Q1FY24; 267% rise in Profits","author":"Karan_Singh","date":"August 10, 2023","format":false,"excerpt":"Incorporated in 1994, Medico Remedies Ltd manufactures and sells pharmaceutical formulations. Financial Results: Medico Remedies Ltd reported Revenues for Q1FY24 of \u20b931.47 Crores down from \u20b933.14 Crore year on year, a fall of 5.04%. Total Expenses for Q1FY24 of \u20b929.89 Crores down from \u20b934.08 Crores year on year, a fall\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-651.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-651.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-651.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-651.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-651.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-651.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149793,"url":"https:\/\/alphastreet.com\/india\/indoco-remedies-ltd-q1-fy24-38-fall-in-profits\/","url_meta":{"origin":153574,"position":5},"title":"Indoco Remedies Ltd Q1 FY24; 38% fall in Profits","author":"Hardik Bhandare","date":"July 25, 2023","format":false,"excerpt":"Indoco Remedies (Indoco) is a Mumbai-based pharmaceutical company that focuses on formulations with a presence in contract manufacturing and research. The Company is engaged in the manufacturing and marketing of pharmaceutical Formulations (Finished Dosage Forms) and Active Pharmaceutical Ingredients (APIs). Financial Results: Indoco Remedies Ltd reported Revenues for Q1FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-191.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-191.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-191.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-191.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-191.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-191.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=153574"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/153575"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=153574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=153574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=153574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}