Shilpa Medicare Q3 results.
Financial Highlights (consolidated)
- Revenue up by 28% YoY from 154.50 cr to 198.24 cr
- EBITA up by ~8% YoY from 28.28 cr to 30.44 cr
- Net Profit up by 65% YoY from 16.93 cr to 28 cr (driven by lower tax 48% YoY from 11.25cr to 5.74cr!!)
Congratulations to the management team and we minority shareholders for the USFDA approval (API sites) and a good set of quarterly numbers.