This Article is From Feb 04, 2016

Zydus Wellness Posts Q3 Net at Rs 27 Crore

Zydus Wellness Posts Q3 Net at Rs 27 Crore
New Delhi: Consumer products firm Zydus Wellness on Thursday reported a consolidated net profit of Rs 27.25 crore for the third quarter ended December 31, 2015.

The company had posted a net profit after taxes, minority interest and share of profit/loss of associates of Rs 44.42 crore for the same period year ago, Zydus Wellness said in a filing to the BSE.

"Net sales for the quarter and nine months ended December 31, 2014 included Rs 13.27 crore, recognised under the head excise duty, which refers to the additional excise duty credit received by Zydus Wellness, Sikkim for the year 2013-14....," Zydus Wellness said.

Other operating income for the quarter and nine months ended December 31, 2014 incided Rs 8.98 crore, which refers to the additional excise duty credit received by the firm for the years 2011-12, 2012-13, it added.

"Hence the figures of the previous reporting period are not comparable with those of the current reporting periods," Zydus Wellness added.

Consolidated total income from operations of the company stood at Rs 110.24 crore for the quarter under consideration.

It was Rs 129.26 crore for the corresponding period of the previous fiscal.

The company manufactures products like Sugar Free, Nutralite and EverYuth.

Shares of Zydus Wellness on Thursday closed 1.83 per cent down at Rs 731.60 per scrip on the BSE.
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