News Details

09/11/2026 17:50

Medico Remedies Q2 net profit down 7.39% at Rs 2.38 cr

The company reported standalone net profit of Rs 2.38 crore for the quarter ended September 30, 2026 as compared to Rs 2.57 crore in the same period last year, registering a year-on-year decline of 7.39 per cent.

Net revenue of the company rose substantially by 40.52 per cent at Rs 73.97 crore in July-September quarter of this fiscal as against Rs 52.64 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 41.85 per cent to Rs 70.81 crore from Rs 49.92 crore in year ago period.

Other Income dipped by 23.84 per cent at Rs 1.31 crore versus (Sep'25 Rs 1.72 crore).

Operating Profit surged by 16.54 per cent to Rs 3.17 crore as against Rs 2.72 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.05 per cent in September quarter.

Interest grew by 87.50 per cent y-o-y to Rs 0.45 crore, while Taxation decreased by 2.20 per cent at Rs 0.89 crore (Sep'25 Rs 0.91 crore).