Hikal records PAT of Rs 34 crore in Q4 FY24
Mumbai, May 10 -- Total expenditure for the period under review added up to Rs 419.75 crore, down 8.2% YoY. For Q4 FY24, interest outgo was Rs 15.26 crore (up 17.6% YoY) and depreciation charge was Rs 32.34 crore (up 20.5% YoY).
Profit before tax in Q4 FY24 stood at Rs 47.21 crore, down 3% from Rs 48.65 crore in Q4 FY23.
For FY24, Hikal has recorded net profit and net revenue of Rs 69.51 crore (down 11.3% YoY) and Rs 1768.66 crore (down 11.8% YoY), respectively.
Hikal is engaged in the business of pharmaceuticals, crop protection, and specialty chemicals.
The scrip fell 1.15% to currently trade at Rs 283.80 on the BSE.
Published by HT Digital Content Services with permission from Capital Market....
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