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.