Hot Pursuit     08-Aug-23
Hester Biosciences rises after Q1 PAT jumps 29% YoY to Rs 11 cr
Hester Biosciences advanced 2.58% to Rs 1,773.60 after the company's standalone net profit rose 29.4% to Rs 10.73 crore on 59.03% jump in net sales to Rs 80.34 crore in Q1 FY24 over Q1 FY23.
Profit before tax rose 28.95% to Rs 8.73 crore as against Rs 6.77 crore posted in the same quarter previous year.

Operating EBITDA grew 24% to Rs 11.36 crore in the quarter ended 30 June 2023 from Rs 9.19 crore reported in Q3 FY22, due to healthy growth in overall sales.

The company's revenue from Animal Healthcare segment stood at Rs 22.46 crore (up 93% YoY) while revenue from Poultry Healthcare division was at Rs 30.28 crore (down 13% YoY) during the quarter.

Hester is one of the leading poultry and animal healthcare companies in India. It is the second largest poultry vaccine manufacturer in India. It currently has a 75% market share in PPR vaccines for Sheep and Goat, across the world. In addition, the company has a health products portfolio comprising of therapeutics, feed supplements and biosecurity.

Previous News
  Hester Biosciences consolidated net profit declines 64.43% in the December 2023 quarter
 ( Results - Announcements 02-Feb-24   12:58 )
  Hester Biosciences consolidated net profit rises 47.86% in the June 2023 quarter
 ( Results - Announcements 08-Aug-23   13:43 )
  Hester Biosciences standalone net profit rises 29.14% in the June 2023 quarter
 ( Results - Announcements 08-Aug-23   12:58 )
  Hester Bio soars after agreement with ICAR-IVRI for two vaccines
 ( Hot Pursuit - 08-Apr-21   12:31 )
  Hester to produce and commercialize Classical Swine Fever Vaccine and Sheep Pox Vaccine
 ( Corporate News - 08-Apr-21   12:17 )
  Hester Biosciences consolidated net profit declines 41.32% in the March 2023 quarter
 ( Results - Announcements 17-May-23   13:59 )
  Hester Biosciences standalone net profit rises 16.57% in the September 2020 quarter
 ( Results - Announcements 31-Oct-20   11:46 )
  Hester Biosciences to hold board meeting
 ( Corporate News - 03-May-24   10:30 )
  Hester Biosciences receives affirmation in credit ratings for bank facilities
 ( Corporate News - 19-Jan-22   12:52 )
  Hester Biosciences to hold board meeting
 ( Corporate News - 19-Dec-14   14:39 )
  Hester Biosciences fixes record date for 1st interim dividend
 ( Market Beat - Reports 20-Aug-18   18:40 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top