Shares of health and wellness player Zydus Wellness Ltd gained almost four percent in the early session on Tuesday, June 17 after a block deal involving shares worth Rs 879 crore took place.
Around 46.27 lakh shares, around 7.3 percent of the total equity in the firm, changed hands at Rs 1,900 per share. This represents a minor discount to the previous session's closing price of Rs 1,913. Moneycontrol could not immediately ascertain the buyers and the sellers in the deal.
At 9.22 am, Zydus Wellness shares were quoting Rs 1,950 on the NSE, up 1.9 percent.
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Zydus Wellness reported a 15 percent jump in net profit at Rs 172 crore for the quarter ended March 31, 2025.
Consolidated total revenue from operations in the fourth quarter stood at Rs 910.6 crore, as compared to Rs 778 crore in the year-ago period, Zydus Wellness Ltd said in a regulatory filing.
Total expenses in the quarter under review were higher at Rs 740.5 crore, as compared to Rs 632.2 crore in the corresponding period a year ago.
With the continued thrust on marketing initiatives, several key brands including Nutralite, Glucon-D, Everyuth, and Nycil continued to perform well during the quarter, the company said.
For 2024-25, consolidated net profit was at Rs 346.9 crore, as compared to Rs 266.9 crore in 2023-24, it added. The company's FY25 consolidated total revenue from operations stood at Rs 2,708.9 crore, compared to Rs 2,327.8 crore in FY24, it added.
The food and nutrition segment maintained its upward trajectory, registering quarterly growth of 15.4 per cent and 13 per cent growth for FY25. The personal-care segment continued to demonstrate strong performance, achieving notable double-digit growth of 22.5 percent for the quarter and 33.4 per cent growth for FY25, the company added.
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