Zydus Wellness Q1FY22 consolidated net profit at Rs. 130.80 Cr
Chemical

Zydus Wellness Q1FY22 consolidated net profit at Rs. 130.80 Cr

The company posted net profit of Rs.89.20 crores for the period ended June 30, 2020.

  • By ICN Bureau | July 31, 2021

Zydus Wellness has reported total income of Rs.599.97 crores during the period ended June 30, 2021 as compared to Rs.607.52 crores during the period ended March 31, 2021.

The company reported total income Rs.539.19 crores during the period ended June 30, 2020.

Zydus Wellness has posted net profit of Rs.130.80 crores for the period ended June 30, 2021 as against net profit of Rs.133.13 crores for the period ended March 31, 2021.

The company posted net profit of Rs.89.20 crores for the period ended June 30, 2020.

During the quarter gone by the company's key brands, Sugar Free, Everyuth Scrub and Everyuth Peel Off, Glucon D and Nycil continued to hold strong positions in their respective categories. The company's E-commerce sales witnessed multifold increase during the quarter. The international business also recorded a high double digit growth rate during the period.

With an intent to become leaner and more efficient through business projects including disintermediation and digitization of processes across the value chain, the company has embarked on the next phase of transformation journey post integration called Transformation 2.0. Under this project the company has initiated a number of projects from sales, supply chain to people functions which will help it become more agile by embracing the digital way of working.

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