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India's Amrutanjan Health Care reported a 35.7% slide in second-quarter profit on Friday, hurt by a rise in expenses and weakening sales of its wellness products as the pandemic's effects wane. The company's profit fell to 127.7 million Indian rupees ($1.6 million) in the July-September quarter, from 198.5 million rupees a year earlier. Demand for healthcare products was tapering off the highs of the past two years, as the number of infections comes off peaks,...
India`s Amrutanjan Health Care Q2 profit slides as pandemic demand wanes
The company reported standalone net profit of Rs 14.71 crore for the quarter ended March 31, 2022 as compared to Rs 10.23 crore in the same period last year, registering a year-on-year growth of 43.79 per cent. Net revenue of the company rose moderately by 13.33 per cent at Rs 106.55 crore in January-March quarter of this fiscal as against Rs 94.02 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 10.50 per cent to Rs 90.20 crore from R...
Amrutanjan Health Care Q4 net profit jumps 43.79% at Rs 14.71 cr
Our Take: Amrutanjan Healthcare ltd (AHCL) is one of the oldest ayurvedic and OTC Indian brand. The core focus of the company is to create a niche for itself with a strong portfolio of affordable healthcare, personal and hygiene care products in a highly competitive market dominated by premium brands. Amrutanjan Pain Balm (Yellow Balm) is the flagship brand of the company; apart from this it has been constantly expanding its product portfolio with a range of pain management products (aroma...
Update On Amruntanjan Healthcare Ltd By HDFC Securities
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