Divi’s Laboratories: March ’22 Results Update
Moneylife Digital Team 01 June 2022
In the March quarter, Divi’s Laboratories (Divi’s) clocked stellar revenue growth of 41% y-o-y (year-on-year) to Rs2,518 crore, led by strong performance in the custom synthesis segment which performed well on back of molnupiravir (COVID drug) opportunity. Custom synthesis contributed 66% of total revenue in Q4FY21-22. Generic business faced headwinds because of intense pricing pressure in the...
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Valiant Organics: March ’22 Results Update
Moneylife Digital Team 31 May 2022
In Q4FY21-22, revenue of Valiant Organics (Valiant) jumped by 49% y-o-y (year-on-year) primarily led by higher realisations and ramp-up of para-amino phenol (PAP) plant. Volumes have decreased sequentially: chlorination: 7%,...
Hindustan Foods Ltd: March ’22 Results Update
Moneylife Digital Team 31 May 2022
Hindustan Foods Ltd (HFL) declared its Q4FY21-22 results on 20 May 2022. We had discussed HFL’s business model here. In the quarter, HFL restated its results for Q3FY21-22 and Q4FY21-22 to give effect to its scheme of merger with...
Barbeque Nation: March ’22 Results Update
Moneylife Digital Team 30 May 2022
BBQ Nation’s (BBQ’s) Q4FY21-22 sales were impacted due to Omicron in January and mid-February which led to a decline in operating profit translating to net loss. Some 45.7% of its restaurants were partially operational. Sales grew...
Prevest Denpro: March ’22 Results Update
Moneylife Digital Team 30 May 2022
Prevest Denpro (Prevest) develops and manufactures innovative dental materials. In FY21-22, its sales jumped 37%; operating profit and net profit have shot up by 87.5% and 71%, respectively, on a y-o-y (year on year) basis. On...
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