Q1 FY27 Results: Revenue up 30%, PAT more than doubles YoY
VENUSREM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Venus Remedies posted strong Q1 FY27 results. Standalone revenue rose to Rs 178.80 Cr from Rs 137.13 Cr, about 30 percent YoY growth. Net profit surged to Rs 25.53 Cr from Rs 11.70 Cr, more than doubling. EBITDA climbed to Rs 39.11 Cr. Consolidated PAT at Rs 22.97 Cr versus Rs 9.60 Cr. Board also approved revisions to MOA and AOA. Auditor flagged emphasis of matter on Rs 28.60 Cr outstanding share application money in German subsidiary Venus Pharma GmbH undergoing restructuring.
Strong Q1 with revenue and PAT both showing robust YoY growth. Watch for recovery of German subsidiary exposure and AGM outcome on MOA changes.