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Genomic Valley Biotech Q2 Results Total Revenue Climbs to ₹21.22 Crores

Genomic Valley Biotech Q2 Results with Revenue from Operations of ₹20.50 crores and Total Revenue reached ₹21.22 crores, and the Profit Before Tax was ₹14.76 crores.   

by Ruksana

Updated Oct 09, 2024

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Genomic Valley Biotech Q2 Results Total Revenue Climbs to ₹21.22 Crores

Genomic Valley Biotech Q2 Results

Genomic Valley Biotech Q2 Results: The Genomic Valley Biotech data table presents financial results over different time periods, allowing us to see how the company is performing. In the most recent three months ending on September 30, 2024, the company earned ₹20,50,000 from its operations, which is a significant increase compared to the previous three months (June 30, 2024), where it earned ₹15,53,350. Looking back to the same period last year (September 30, 2023), the revenue was much lower at ₹6,75,250, showing that the company has grown a lot over the year.

Genomic Valley Biotech’s Total revenue, which includes both operational earnings and other income, reached ₹21,22,187 during this recent quarter. The company's expenses were ₹6,46,550, covering costs like employee salaries and other operational expenses. Despite these expenses, the profit before tax was a healthy ₹14,75,637, showing that the company is managing its costs well while increasing revenue.

Genomic Valley Biotech’s Year-to-date figures also reflect strong performance, with total revenue for the year so far being ₹36,75,537. Overall, Genomic Valley Biotech appears to be on a positive trend, demonstrating significant growth in both revenue and profit compared to previous periods. This indicates the company's strong position in the biotech industry.

Here’s the financial results data presented in a simple table format:

(Figures in INR)

Sr. No.

Particular

3 Months Ended 30-Sep-24

3 Months Ended 30-Jun-24

3 Months Ended 30-Sep-23

Year to Date Ended 30-Sep-24

Year to Date Ended 30-Sep-23

Previous Year Ended 31-Mar-24

I

Revenue From Operations

20,50,000

15,53,350

6,75,250

36,03,350

12,60,750

16,50,750

II

Other Income

72,187

-

72,187

15,002

15,003

-

III

Total Revenue (I + II)

21,22,187

15,53,350

6,75,250

36,75,537

12,75,752

16,65,753

IV

Expenses

           
 

Employee Benefits Expense

3,54,000

1,20,000

90,000

4,74,000

2,85,000

3,75,000

 

Depreciation and Amortization Expense

10,000

1,57,447

2,731

10,000

5,462

10,925

 

Other Expenses

2,82,550

-

3,50,380

4,39,997

4,85,045

11,28,348

Total Expenses (IV)

6,46,550

2,77,447

4,43,111

9,23,997

7,75,507

15,14,273

 

V

Profit/(Loss) before Tax (III - IV)

14,75,637

12,75,903

2,32,139

27,51,540

5,00,244

1,51,480

VII

Profit/Loss before Tax (V)

14,75,637

12,75,903

2,32,139

27,51,540

5,00,244

1,51,480

IX

Profit/(Loss) for Continuing Operations (VII - VIII)

14,75,637

12,75,903

2,32,139

27,51,540

5,00,244

-339

X

Profit/(Loss) from Discontinued Operations

-

-

-

-

-

1,51,818

XIV

Profit/Loss for the Period (IX + X)

14,75,637

12,75,903

2,32,139

27,51,540

5,00,244

1,51,818

Source: Here 

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Genomic Valley Biotech Financial Metrics

Genomic Valley Biotech is a company that focuses on biotechnology, which involves using living organisms or their systems to develop products and technologies. The company has a market capitalization of ₹26.1 crore, meaning it is valued at this amount in the stock market. Its current share price is ₹85.4, which is the price for buying one share of the company. The stock has a high of ₹85.4 and a low of ₹21.0, showing its price fluctuations. The price-to-earnings ratio (P/E) is 100, indicating the market values its shares highly compared to its earnings.

Here’s the information you provided in a clear and organized table format:

Metric

Value

Market Cap

₹ 26.1 Cr.

Current Price

₹ 85.4

High / Low

₹ 85.4 / ₹ 21.0

Stock P/E

100

Book Value

₹ 12.5

Dividend Yield

0.00 %

ROCE

0.57 %

ROE

0.57 %

Face Value

₹ 10.0

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Quarterly Results 

The Genomic Valley Biotech data table shows financial results over several quarters, specifically focusing on three quarters: March 2024, June 2024, and September 2024. In March 2024, the company had no sales and a slight loss of Rs. 0.04 crores in operating profit. However, by June 2024, sales increased to Rs. 0.16 crores, leading to a positive operating profit of Rs. 0.13 crores. By September 2024, sales further improved to Rs. 0.21 crores, and the operating profit rose slightly to Rs. 0.14 crores. 

Here’s the quarterly results for Mar 2024, Jun 2024, and Sep 2024:

(Figures in Rs. Crores)

Particulars

Mar 2024

Jun 2024

Sep 2024

Sales +

0.00

0.16

0.21

Expenses +

0.04

0.03

0.07

Operating Profit

-0.04

0.13

0.14

OPM %

81.25%

66.67%

N/A

Other Income +

0.00

0.00

0.01

Interest

0.00

0.00

0.00

Depreciation

0.00

0.00

0.00

Profit Before Tax

-0.04

0.13

0.15

Tax %

0.00%

0.00%

0.00%

Net Profit +

-0.04

0.13

0.15

EPS in Rs

-0.13

0.43

0.49

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About Genomic Valley Biotech

Genomic Valley Biotech is a healthcare company focused on using advanced technology to improve patient care. The team at Genomic Valley has over 10 years of experience in important areas like Next-Generation Sequencing (NGS), cancer research (oncology), and Artificial Intelligence (AI). They are dedicated to creating better tools and methods for diagnosing and treating diseases. Inspired by former Prime Minister Atal Bihari Vajpayee, the company aims to build a “Silicon Valley of genomics” in India, making it a global center for genomic research and healthcare solutions.

Genomic Valley's mission is to make medical testing faster and more accurate. They want to help doctors provide personalized treatments by using data and technology. By combining AI with healthcare, Genomic Valley is changing the way doctors understand and treat cancer, ensuring patients get the best care possible.

In addition to its research and diagnostics, Genomic Valley offers services to support researchers worldwide. They provide expert help and access to advanced tools to improve research quality. Overall, Genomic Valley Biotech is committed to innovation and excellence in healthcare, working towards a healthier future for everyone.


Genomic Valley Biotech Q2 Results - FAQs

1. What was Genomic Valley Biotech's revenue from operations for Q2 2024?

Genomic Valley Biotech's revenue from operations for Q2 2024 was ₹20,50,000.

2. How much did Genomic Valley Biotech earn in other income for Q2 2024?

Genomic Valley Biotech earned ₹72,187 in other income for Q2 2024.

3. What was the total revenue for Genomic Valley Biotech in Q2 2024?

The total revenue for Genomic Valley Biotech in Q2 2024 was ₹21,22,187.

4. What are the total expenses reported by Genomic Valley Biotech for Q2 2024?

Genomic Valley Biotech reported total expenses of ₹6,46,550 for Q2 2024.

5. What was the profit before tax for Genomic Valley Biotech in Q2 2024?

Genomic Valley Biotech's profit before tax for Q2 2024 was ₹14,75,637.

6. How much total revenue has Genomic Valley Biotech generated year-to-date as of September 30, 2024?

Genomic Valley Biotech generated ₹36,75,537 in total revenue year-to-date as of September 30, 2024.

7. What were Genomic Valley Biotech's employee benefits expenses for Q2 2024?

Genomic Valley Biotech's employee benefits expenses for Q2 2024 were ₹3,54,000.

8. How much did Genomic Valley Biotech spend on depreciation and amortization in Q2 2024?

Genomic Valley Biotech spent ₹10,000 on depreciation and amortization in Q2 2024.

9. What were the other expenses reported by Genomic Valley Biotech for Q2 2024?  

The other expenses reported by Genomic Valley Biotech for Q2 2024 were ₹2,82,550.

10. What is the market capitalization of Genomic Valley Biotech?  

Genomic Valley Biotech has a market capitalization of ₹26.1 crore.

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