Ind-Swift Laboratories surges after Q1 PAT zooms 183% YoY
Mumbai, Aug. 11 -- On a consolidated basis, adjusted net profit jumped 183.5% YoY and 28.9% QoQ to Rs 24.86 crore in Q1 FY27.
Net sales rose 25.3% YoY and 12.8% QoQ to Rs 191.45 crore during the quarter.
Profit before tax stood at Rs 32.56 crore in Q1 FY27, up 214.3% YoY and 172.2% QoQ.
On the cost front, total expenses increased 6.3% YoY and 5.3% QoQ to Rs 165.60 crore. Raw material consumption rose 25.0% YoY to Rs 81.76 crore. Employee expenses increased 21.6% YoY to Rs 39.56 crore. Interest costs declined 38.3% YoY to Rs 0.71 crore, while depreciation and amortisation expenses increased 13.5% YoY to Rs 7.58 crore.
Other income declined 47.5% YoY to Rs 7.65 crore but jumped 244.6% QoQ.
Meanwhile, the board approved the sale of arou...
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