Hot Pursuit     29-May-24
Vasundhara Rasayans sizzles after Q4 PAT soars to Rs 2 cr
Vasundhara Rasayans zoomed 14.48% to Rs 232.85 after the company’s net profit stood at Rs 2.13 crore in Q4 FY24, steeply higher than Rs 0.42 crore in Q4 FY23.
Revenue from operations jumped 12.31% YoY to Rs 11.13 crore in the quarter ended 31 March 2024.

Profit before tax zoomed to Rs 2.85 crore during the quarter from Rs 0.50 crore posted in correspondin quarter last year.

Total expenses declined 5.75% to Rs 9.02 crore in Q4 FY24 from Rs 9.57 crore posted in same quarter last year. Cost of material consumed stood at Rs 4.20 crore (down 20.9% YoY), Employee benefit expenses was at Rs 1.12 crore (down 23.08% YoY) while finance cost stood at Rs 0.07 crore ( up 133.33% YoY) during the period under review.

Vasundhara Rasayan, is the leading manufacturer and exporter of Antacids therapeutic category of Active Pharm Ingredients with annual capacity of about 1500 MT of powder or its equivalent products. In addition to the API manufacturing the company is also having an API intermediate plant to handle organic products with its state of the art specialised Friedel Craft reaction facility.

The company’s market capitalisation is Rs 74.37 crore.

Previous News
  Vasundhara Rasayans standalone net profit rises 395.35% in the March 2024 quarter
 ( Results - Announcements 29-May-24   07:36 )
  Vasundhara Rasayans standalone net profit declines 51.06% in the September 2023 quarter
 ( Results - Announcements 11-Nov-23   08:01 )
  Vasundhara Rasayans standalone net profit declines 53.01% in the March 2021 quarter
 ( Results - Announcements 01-Jul-21   14:10 )
  Board of Vasundhara Rasayans recommends final dividend
 ( Corporate News - 24-Sep-19   11:36 )
  Vasundhara Rasayans standalone net profit declines 40.57% in the June 2019 quarter
 ( Results - Announcements 14-Aug-19   11:04 )
  Vasundhara Rasayans fixes record date for final dividend
 ( Market Beat - Reports 02-Aug-23   10:11 )
  Vasundhara Rasayans reports standalone net profit of Rs 0.83 crore in the March 2020 quarter
 ( Results - Announcements 30-Jun-20   08:16 )
  Vasundhara Rasayans to announce Quarterly Result
 ( Corporate News - 19-May-22   13:52 )
  Vasundhara Rasayans to discuss results
 ( Corporate News - 09-Aug-22   14:33 )
  Vasundhara Rasayans to discuss results
 ( Corporate News - 26-Jul-23   11:15 )
  Vasundhara Rasayans to hold board meeting
 ( Corporate News - 03-Feb-20   16:01 )
Other Stories
  Lupin receives EIR from USFDA for Dabhasa facility
  13-Jul-24   16:48
  RVNL secures LoA worth Rs 132 cr from Central Railway
  13-Jul-24   16:38
  EMS bags order worth Rs 141-cr from Uttarakhand Power Corp.
  13-Jul-24   16:14
  Avenue Supermarts Q1 PAT climbs 17% YoY to Rs 774 cr in FY25
  13-Jul-24   16:00
  Sunteck Realty pre-sales climbs 30% YoY to Rs 502 cr in FY25
  13-Jul-24   15:32
  Fitch Ratings revises outlook on ratings of Tata Steel to 'negative'
  13-Jul-24   14:46
  5Paisa Capital Q1 PAT jumps 38% YoY in FY25
  13-Jul-24   14:39
  HCL Tech records PAT of Rs 4,257 crore in Q1; EBIT margin at 17.1%
  13-Jul-24   11:59
  IREDA Q1 PAT rises 30% YoY to Rs 384 cr in FY25
  13-Jul-24   09:00
  GTPL Hathway slides after Q1 PAT drops 60% YoY to Rs 14 cr in FY25
  12-Jul-24   15:40
Back Top