Hot Pursuit     07-Feb-24
FDC hits record high on strong Q3 performance
FDC surged 7.42% to Rs 464.75 after the company's net profit soared 94.45% to Rs 79.23 crore in Q3 FY24 as against Rs 40.75 crore posted in Q3 FY23.
Revenue from operations stood at Rs 458.17 crore in third quarter of FY24, registering a growth of 11.94% YoY.

Profit before tax grew by 72.39% year on year to Rs 97.54 crore in the quarter ended 31 December 2023.

Total expenses increased 3% to Rs 385.32 crore in Q3 December 2023 over Q3 December 2022. During the quarter, cost of materials consumed stood at Rs 142.41 crore (up 8.43% YoY) while employee benefits expense was at Rs 103.51 crore (up 8.76% YoY).

On nine-month basis, the company’s consolidated net profit soared 58.54% to Rs 258.94 crore on 9.78% rise in revenue to Rs 1,480.91 crore in 9M FY24 over 9M FY23.

FDC is engaged in manufacturing and marketing of ORS (oral rehydration salts), anti-infectives and ophthalmics.

The counter hit a life time high of Rs 472 in today’s intraday session.

Previous News
  FDC consolidated net profit rises 194.16% in the March 2023 quarter
 ( Results - Announcements 26-May-23   07:44 )
  FDC consolidated net profit rises 50.70% in the March 2024 quarter
 ( Results - Announcements 30-May-24   07:36 )
  Volumes spurt at Honeywell Automation India Ltd counter
 ( Hot Pursuit - 16-May-24   14:30 )
  FDC to discuss results
 ( Corporate News - 01-Feb-22   11:23 )
  FDC consolidated net profit declines 17.83% in the September 2021 quarter
 ( Results - Announcements 13-Nov-21   08:52 )
  FDC to convene board meeting
 ( Corporate News - 16-May-23   15:07 )
  FDC to announce Quarterly Result
 ( Corporate News - 03-Aug-21   13:43 )
  FDC consolidated net profit rises 1.48% in the December 2020 quarter
 ( Results - Announcements 05-Feb-21   17:42 )
  FDC consolidated net profit rises 14.18% in the December 2022 quarter
 ( Results - Announcements 10-Feb-23   07:37 )
  FDC to declare Quarterly Result
 ( Corporate News - 18-May-21   13:44 )
  Volumes soar at IIFL Finance Ltd counter
 ( Hot Pursuit - 13-Sep-21   11:00 )
Other Stories
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
  Shilpa Medicare sizzles after Unicycive gets positive results in clinical trials of OLC
  05-Jul-24   14:52
  Manugraph India Ltd leads losers in 'B' group
  05-Jul-24   14:45
  NSE SME Nephro Care India rallies on listing day
  05-Jul-24   14:45
  ESAF SFB total deposits jumps 33% YoY in Q1
  05-Jul-24   14:43
  Utkarsh SFB deposits climb 30% YoY in Q1 FY25
  05-Jul-24   14:35
  Volumes soar at Medplus Health Services Ltd counter
  05-Jul-24   14:30
  Financials stocks slide
  05-Jul-24   14:00
  Banking stocks edge lower
  05-Jul-24   14:00
Back Top