Shares of Zydus Wellness Ltd. tanked more than 3% after the company reported a decline in its net profit for the first quarter, even as revenue and operating profit posted strong year-on-year growth.
The stock was trading at Rs 538.95 apiece on NSE at around 12.30 pm, with a price-to-earnings multiple of 90.3 times. The stock was down from its previous day's close at Rs 559.85 per share.
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The decline in the net profit, coupled with the contraction in operating margin, weighed on investor sentiment.
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Revenue Growth Remains Strong But Profit Declines
The company reported a consolidated net profit of Rs 119 crore for the quarter ended June, down 7% from Rs 128 crore in the corresponding period last year.
Profit declined even though revenue from operations rose 66.9% year-on-year to Rs 1,437 crore, compared with Rs 861 crore in the year-ago period, reflecting robust top-line growth during the quarter.
Operating performance also improved in absolute terms, with Ebitda (earnings before interest, taxes, depreciation, and amortisation) increasing 55.3% to Rs 242 crore from Rs 156 crore a year earlier.
Despite the rise in operating profit, profitability came under pressure as the Ebitda margin narrowed to 16.8% from 18.1% in the corresponding quarter last year.
In a separate exchange filing, the company intimated about its earnings conference call schedule.
“The Company has scheduled investor interaction through a teleconference call at 3:00 p.m. (IST) on Tuesday, August 4, 2026, post announcement of unaudited financial results for the quarter ended on June 30, 2026, “ the company stated in the filing.
Also read: UNO Minda Q1 Result: Net Profit Sees Marginal Increase, Revenue Jumps 24% YoY
Stock Movement
The stock has been down for over a month now, losing close to 10%, which includes today's fall as well.
Having said that, over a year, the stock remained up with 31.2% gains during the period.
The company had a market cap of Rs 17,153.6 crore as at the end of the previous trading session.
Also Read: 54% Return In One Year: Largecap Stock Falls 3% In Trade Even As Q1 Topline Surges 36% YoY
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