Zydus Lifesciences profit rises 53%

New Delhi: Zydus Lifesciences Ltd on Tuesday reported 53.2 per cent rise in consolidated net profit at Rs 800.7 crore for the second quarter ended September 30, 2023, driven by stable growth across its key businesses. The company had posted a net profit of Rs 522.5 crore for the same period last fiscal, Zydus Lifesciences said in a regulatory filing. Revenue from operations in the quarter under review stood at Rs 4,368.8 crore as against Rs 4,005.5 crore in the year-ago period, it added. “Our Q2 FY24 result represents stable growth in our key businesses as well as strong profitability,” Zydus Lifesciences Managing Director Sharvil Patel said.