Packaged Foods firm Zydus Wellness Announced Q1FY23 Result :
- Zydus Wellness Ltd, Net sales up by 17.8%
- Zydus Wellness Ltd. reported consolidated Net sales of Rs.693 crores, up by 17.8% and consolidated revenue from operations of Rs. 697 crores, up by 16.6%. Earnings before Interest, Depreciation and Tax (EBIDTA) of Rs. 148 crores was up by 5.5% on a YoY basis. Adjusted Net profit before exceptional items for the quarter was up by 7% at Rs.140 crores. Reported Net profit for the quarter was up by 4.7% at Rs.137 crores.
- During the quarter gone by the Company witnessed resurgence in demand of summer oriented brands i.e. Glucon-D and Nycil. With strong distribution and marketing efforts, the Company could also re-recruit the consumers for these brands as a result of which they have registered a strong double digit growth.
- The key brands of the Company, like Sugar Free, Everyuth peel off, Everyuth scrub, Glucon-D and Nycil have maintained leadership position in their respective categories.