Total expenses rose 21.20% YoY to Rs 232.82 crore in Q3 FY23. Cost of materials consumed was Rs 108.59 crore (up 15.82% YoY) while employee benefits expense stood at Rs 53.33 crore (up 27.1% YoY) during the period under review.
Poly Medicure exports plastic medical disposables/surgical devices. It manufactures and supplies approximately 100 types of disposable medical devices in the product verticals of infusion therapy, anesthesia, urology, gastroenterology, blood management and blood collection, surgery and wound drainage, dialysis and central venous access catheters.
The scrip declined 0.40% to currently trade at Rs 866.55 on the BSE.
