Mankind Pharma Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 15, 2024 at 08:48 am EDT
Share
Mankind Pharma Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 24,410.99 million compared to INR 20,526.67 million a year ago. Revenue was INR 25,332.27 million compared to INR 21,001.78 million a year ago. Net income was INR 4,712.39 million compared to INR 2,854.39 million a year ago. Basic earnings per share from continuing operations was INR 11.76 compared to INR 7.13 a year ago. Diluted earnings per share from continuing operations was INR 11.74 compared to INR 7.13 a year ago.
For the full year, sales was INR 103,347.75 million compared to INR 87,494.33 million a year ago. Revenue was INR 106,156.33 million compared to INR 88,780 million a year ago. Net income was INR 19,128.97 million compared to INR 12,818.59 million a year ago. Basic earnings per share from continuing operations was INR 47.75 compared to INR 32 a year ago. Diluted earnings per share from continuing operations was INR 47.68 compared to INR 32 a year ago.
Mankind Pharma Limited is an India-based pharmaceutical company. The Company is engaged in developing, manufacturing, and marketing a diverse range of pharmaceutical formulations across various acute and chronic therapeutic areas, as well as several consumer healthcare products. The Company offers exceptional healthcare solutions for a wide range of healthcare needs with a diverse portfolio that includes anti-infectives, cardiovascular, gastrointestinal, anti-diabetic, neuro/ central nervous system (CNS), vitamins, minerals and nutrients and respiratory therapies. Its portfolio of brands includes Nurokind, Telmikind, Manforce (Rx), Gudcef, Moxikind, Amlokind, Glimestar, Asthakind, Codistar, Candiforce, Mahacef, Dydroboon, Cefakind, Zenflox, Monticope, Dynaglipt, and others. The Company's subsidiaries include Lifestar Pharma Private Limited, Magnet Labs Private Limited, Broadway Hospitality Services Private Limited, Jaspack Industries Private Limited, and others.