Sanjivani Paranteral Q1 Results 27.78% QoQ Revenue Growth and 30.65% YoY Increase

Sanjivani Paranteral Quarterly Market Share Changes

Sanjivani Paranteral Q1 Results: In the first quarter of 2024, Sanjivani Parenteral reported strong financial results. Their total revenue reached ₹16.44 crores, which is a significant increase of 27.78% compared to the previous quarter and 30.65% higher than the same quarter last year. Their operating income, the money made from regular business activities, was ₹2.20 crores, showing a 14.78% improvement from the last quarter and a 23.67% increase year-over-year.

Sanjivani Paranteral’s expenses were mixed. Selling, general, and administrative expenses slightly decreased by 0.64% from the previous quarter but rose by 26.25% compared to last year. Depreciation and amortization costs, which are related to the wear and tear on equipment and intangible assets, dropped by 44.21% from the last quarter and by 42.06% from the same time last year. Other operating expenses, like costs for utilities and supplies, decreased by 41.29% from the previous quarter but were 12.05% lower compared to the previous year.

Sanjivani Paranteral’s net income, which is the company's profit after all expenses, was ₹1.71 crores. This was a 36.25% increase from the last quarter and a 10.58% rise from last year. The diluted normalized earnings per share (EPS), which shows how much profit is earned per share of stock, increased by 36.11% from the previous quarter but decreased by 5.16% from last year.

Here's a simplified summary of Sanjivani Parenteral's Q1 results:

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Sanjivani Paranteral Q1 Results 

The financial results for Sanjivani Paranteral for the quarter ended on June 30, 2024, show a positive performance compared to the previous year ended on March 31, 2024. For this quarter, the company’s total revenue was 1652.29 million rupees, up from 1291.66 million rupees in the previous year. This increase in revenue is mainly due to higher sales and other income.

Sanjivani Paranteral’s Expenses for the quarter were 1424.90 million rupees, which is higher than the previous year’s 1103.23 million rupees. The increase in expenses includes costs for materials, changes in inventory, and other operational costs. The company managed to control some costs like finance and depreciation expenses, which were lower compared to the previous year.

As a result, the profit of Sanjivani Paranteral before tax was 227.39 million rupees, an improvement from 188.43 million rupees last year. After accounting for taxes, which include current, previous, and deferred taxes, the net profit for the quarter was 171.39 million rupees, compared to 125.79 million rupees in the previous year.

Sanjivani Paranteral’s earnings per share also improved from 1.08 rupees to 1.47 rupees. Overall, the financial results show that Sanjivani Paranteral has increased its revenue and profit, reflecting a strong performance this quarter.

Here's a summary of the financial results:

Sanjivani Paranteral Financial Performance

The table shows key financial details about Sanjivani Parenteral. The Market Cap is ₹369 Crores, indicating the total value of the company’s shares. The Current Price of one share is ₹316. The High / Low shows the highest price (₹316) and the lowest price (₹91.0) the stock has reached. The Stock P/E ratio of 58.2 reflects how expensive the stock is compared to its earnings. 

Sure! Here is the information in table format:

Quarterly Results 

Sanjivani Parenteral table shows the company's financial results for three quarters: December 2023, March 2024, and June 2024. It details sales, which increased from ₹14.96 crores in December 2023 to ₹16.44 crores in June 2024. Expenses also grew, reaching ₹14.10 crores by June 2024. 

Here are the figures for December 2023, March 2024, and June 2024:

About Sanjivani Paranteral 

Sanjivani Paranteral is a leading company in the pharmaceutical industry, dedicated to providing high-quality medicines to its customers. The company prides itself on its fast delivery services, ensuring that orders reach customers quickly and efficiently. They offer competitive prices, making their medicines affordable and accessible. Sanjivani Paranteral also focuses on a smooth supply chain process, which helps in maintaining quick and reliable service. 

Sanjivani Paranteral main goal is to meet and exceed the needs of their clients, whether the orders are large or small. They are flexible and can tailor their services to fit the specific needs of each customer. This means they can adjust their solutions based on the size and requirements of the order.

Sanjivani Paranteral puts a strong emphasis on customer satisfaction, making sure that their clients are happy with the products and services they receive. Their dedication to excellence and customer care is evident in everything they do, making them a trusted name in the pharmaceutical industry.