Conference Call with Indoco Remedies Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.
Highlights: Indoco’s EBIDTA jumps 43 % in Q2FY22 During the second quarter of FY 2021-22, revenues of Indoco Remedies grew by 15.6 % at Rs. 372.6 crores, as against Rs. 322.5 crores, same quarter last year. EBIDTA to net sales for the quarter is 23.2% at Rs. 86.3 crores, compared to 18.7% at Rs. 60.2 crores, same quarter last year. For the quarter, the Profit After Tax to net sales is 11.2 % at Rs. 41.6 crores, compared to 7.8 % at Rs. 25.1 crores, same quarter last year. For the first half of the year FY 2021-22, the revenues grew by 27.9 % at Rs. 753.8 crores, as against Rs. 589.3 crores, same period last year. EBIDTA to net sales for the period is 22.9 % at Rs. 173.1 crores, compared to 18.5% at Rs. 109.0 crores, same period last year. For the period, the Profit After Tax to net sales is 10.8% at Rs. 81.2 crores, compared to 7.2% at Rs. 42.3 crores, same period last year. Commenting on the second quarter FY22 results, Aditi Panandikar, Managing Director, Indoco Remedies Ltd., said, “Robust sales growth coupled with efficiency in operations has enabled us to deliver excellent financials this quarter”. Result PDF
Indoco’s revenues grow at 43%, EBIDTA jumps 78 % in Q1FY22: During the first quarter of FY 2021-22, revenues of Indoco Remedies grew by 42.9 % at Rs. 381.2 crores, as against Rs. 266.8 crores, same quarter last year. EBIDTA to net sales for the quarter is 22.8 % at Rs. 86.8 crores, compared to 18.3 % at Rs. 48.9 crores, same quarter last year. For the quarter, the Profit After Tax to net sales is 10.4 % at Rs. 39.6 crores, compared to 6.5 % at Rs.17.2 crores, same quarter last year. Commenting on the first quarter FY22 results, Aditi Panandikar, Managing Director, Indoco Remedies Ltd., said, “Our India & International Businesses have shown a robust growth this quarter. We have optimised the opportunities presented by this very dynamic business environment as well as effectively adapted to the challenges thus presented”. Result PDF