- Lupin, a leading pharmaceutical company, reported a 52% YoY increase in consolidated net profit for Q4 FY24, reaching ₹359.43 crore. The company’s revenue rose by 13% from the previous year, amounting to ₹4,895.11 crore.
- Godrej Consumer Products (GCPL) reported a net loss of ₹1,893.2 crore for Q4 FY24, contrasting with a net profit of ₹452 crore in the same period last year. However, the company’s revenue from operations increased by 5.8% to ₹3,385.6 crore.
- Gujarat Fluorochemicals (GFL) reported a 69.6% YoY decrease in net profit, amounting to ₹101 crore, for Q4FY24. The company’s revenue also fell by 23% to ₹1,133 crore.
This article provides an in-depth analysis of the latest financial results of major Indian companies, including Lupin, Godrej Consumer Products, and Gujarat Fluorochemicals.
Lupin’s Strong Performance in Q4 FY24
Lupin’s impressive performance in Q4 FY24 can be attributed to a significant increase in its EBITDA, which rose by 66% from ₹615 crore in the same period last year to ₹1,026.1 crore. The EBITDA margin was 14.2%, compared to 11.5% in the year-ago period. However, the company’s Profit Before Tax was lower due to an impairment charge of ₹201.3 crore. Lupin invested ₹425.5 crore (8.7% of sales) in R&D for the quarter.
Godrej Consumer Products’ Financial Results
Despite reporting a net loss for Q4 FY24, Godrej Consumer Products saw an increase in its revenue from operations by 5.8% to ₹3,385.6 crore. The company’s EBITDA rose by 17.9% to ₹755.7 crore, and the EBITDA margin stood at 22.3%, compared to 20% in the corresponding period in the previous fiscal. The board has declared an interim dividend of ₹10 per share (1,000% on shares of face value of ₹1 each) for the financial year 2024-25.
Conclusion
Despite the challenging economic conditions, some companies like Lupin have managed to report strong financial results for Q4 FY24. However, others like Godrej Consumer Products and Gujarat Fluorochemicals have faced difficulties. Investors should closely monitor these companies’ performance in the coming quarters to make informed investment decisions.
