Zydus Wellness Q1 net up 20% at Rs 23.5 cr

Ahmedabad-based personal care player Zydus Wellness reported a 20.12 per cent rise in consolidated net profit for the quarter ended June 30, 2016 to Rs 23.5 crore on the back of a 12.35 per cent rise in consolidated total income.

Consolidated total income of the company rose to Rs 108.78 crore for the quarter under consideration as against Rs 96.82 crore for the same period a year ago.The company had posted a net profit after taxes, minority interest and share of profit/loss of the associates of Rs 19.53 crore during the corresponding period of the previous financial year, Zydus Wellness said in a BSE filing.

It said in a press release that its performance was driven by brands like Sugar Free, EverYuth and Nutralite.

Shares of Zydus Wellness closed 0.40% up at Rs 795.85 on BSE.