Q1 FY27 Results: Revenue up 30% YoY, PAT more than doubles
VENUSREM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Venus Remedies Q1FY27 standalone revenue grew 30% YoY to Rs 178.80 Cr from Rs 137.13 Cr. Net profit more than doubled to Rs 25.53 Cr from Rs 11.70 Cr. EBITDA rose to Rs 39.11 Cr from Rs 20.66 Cr. Consolidated PAT reached Rs 22.97 Cr vs Rs 9.60 Cr. Auditor flagged emphasis of matter on Rs 28.60 Cr pending share application money in German subsidiary Venus Pharma GmbH facing financial challenges. Board also approved MOA revisions to align with Companies Act 2013, expanding scope to include biotech, digital and telehealth businesses, pending shareholder approval.
Strong Q1 with over 30% revenue growth and more than doubled profit. Watch German subsidiary exposure needing ongoing support.