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JB Pharma Q4 PAT rises 3.5% to Rs 88 cr, revenue stands at Rs 762 cr

Revenue of the company stood at Rs 762 crore in the fourth quarter of FY23 as against Rs 625 crore in the same period of FY22, JB Pharma said in a statement

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Press Trust of India New Delhi

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JB Pharma on Wednesday said its profit after tax rose by 3.5 per cent to Rs 88 crore for the fourth quarter ended March 31, 2023.
The company had reported a profit after tax (PAT) at Rs 85 crore in the January-March quarter of 2021-22 fiscal.
Revenue of the company stood at Rs 762 crore in the fourth quarter of FY23 as against Rs 625 crore in the same period of FY22, JB Pharma said in a statement.
For the last fiscal, the company reported revenue of Rs 3,149 crore as compared with Rs 2,424 crore in FY22.
During the same period, PAT stood at Rs 410 crore as against Rs 386 crore, recording a growth of 6 per cent, JB Pharma said.
The drug maker continued its growth journey in the fourth quarter, thereby ending FY23 with a strong performance across business segments, JB Pharma CEO Nikhil Chopra said.
"While we are cautious of the inflationary environment our efforts are aimed at executing well, with productivity and cost optimisation as drivers, in order to deliver improved operating margins," he added.
Shares of the company ended 1.59 per cent down at Rs 1,919.40 apiece on the BSE.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: May 24 2023 | 7:50 PM IST

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