Mankind Pharma Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 31, 2024 at 07:08 am EST
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Mankind Pharma Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 26,069.59 million compared to INR 20,909.3 million a year ago. Revenue was INR 26,770.92 million compared to INR 21,280.74 million a year ago. Net income was INR 4,537.6 million compared to INR 2,841.52 million a year ago. Basic earnings per share from continuing operations was INR 11.33 compared to INR 7.09 a year ago. Diluted earnings per share from continuing operations was INR 11.31 compared to INR 7.09 a year ago.
For the nine months, sales was INR 78,936.75 million compared to INR 66,967.66 million a year ago. Revenue was INR 80,824.05 million compared to INR 67,778.22 million a year ago. Net income was INR 14,416.58 million compared to INR 9,964.21 million a year ago. Basic earnings per share from continuing operations was INR 35.99 compared to INR 24.87 a year ago. Diluted earnings per share from continuing operations was INR 35.94 compared to INR 24.87 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.