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EquityWireShilpa Medicare Apr-Jun consol PAT doubles on year to INR 1.01 billion

Shilpa Medicare Apr-Jun consol PAT doubles on year to INR 1.01 billion

This story was originally published at 15:18 IST on 5 August 2026
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Informist, Wednesday, Aug. 5, 2026

 

MUMBAI - Shilpa Medicare Ltd.'s consolidated net profit in the June quarter doubled on year to INR 1.01 billion and revenue jumped 44.9% to INR 4.66 billion. Sequentially, the net profit fell 6.4%, while revenue rose 6.6%. The company's other income fell to INR 31.3 million from INR 63.8 million a year ago.

 

In the June quarter, total expenditure, including finance cost, was INR 3.77 billion compared with INR 2.78 billion a year ago. Finance cost declined to INR 121 million from INR 187.8 million a year ago. The company's tax write-back for the June quarter was INR 28.3 million as against a tax outgo of INR 26.9 million a year ago.

 

Shilpa Medicare's board appointed Sharath Reddy Kalakota as whole-time director of the company from Sept. 11. The company's wholly-owned subsidiary Shilpa Biocare Pvt. Ltd. will invest up to 7 million euros in Gate2Brain through a combination of cash infusion or equity for services and development of projects. 

 

At 1510 IST, shares of Shilpa Medicare traded 12.46% higher at INR 720.30 on the National Stock Exchange.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Compiled by Shubham Karanjavkar

Filed by Himanshi Gupta

 

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