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Smruthi Organics Clocks Sharp Decline in Fiscal Q4 Net Profit

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Smruthi Organics' (BOM:540686) net profit more than halved to 10.7 million Indian rupees in the fiscal fourth quarter from 22.3 million rupees a year earlier, according to an Indian bourse filing on Wednesday.

Earnings per share for the quarter ended March 31 contracted to 0.93 rupees from 1.95 rupees a year ago.

The pharmaceutical company's revenue slipped year-on-year to 290.9 million rupees from 380.9 million rupees, the filing said.

The company's board recommended a dividend of 1.5 rupees per share for fiscal 2026 ended March 31.

Shares of the company were up 4% in after-market hours.

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