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Balaxi Pharmaceuticals consolidated net profit rises 65.13% in the December 2023 quarter

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Sales decline 29.79% to Rs 60.79 crore

Net profit of Balaxi Pharmaceuticals rose 65.13% to Rs 13.59 crore in the quarter ended December 2023 as against Rs 8.23 crore during the previous quarter ended December 2022. Sales declined 29.79% to Rs 60.79 crore in the quarter ended December 2023 as against Rs 86.58 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales60.7986.58 -30 OPM %22.4717.67 -PBDT13.1110.71 22 PBT12.6310.53 20 NP13.598.23 65

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First Published: Feb 09 2024 | 4:17 PM IST

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