Zydus life Q3 results: Zidas Lifesinsage has released the results of the third quarter of FY25 on 5 February today. The company’s consolidated net profit has increased by 30 per cent in the October-December quarter. The company has earned a profit of Rs 1,023 crore during this period, while the figure was Rs 789 crore in the same quarter last year. The company has benefited from strong sales in domestic and American markets.
Zydus Life Revenue increased by 17 percent
Zidas Life reported that his revenue increased by 17 per cent to Rs 5269 crore in the third quarter, compared to Rs 4505 crore in the same quarter a year ago. Zidas Life Managing Director Sharvil Patel said the company’s performance was strong examination in the US, the increase in market share in major therapy segments in India and support from a well -established international portfolio.
Patel further said, “We are happy with the constant growth in our business, which keeps us on track to achieve the target of our financial year 2025 of double digit growth with better profits.” The company’s shares have gained 0.36 per cent today and is trading at a price of Rs 976.95.