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Zydus Wellness' Consolidated Net Profit Slips in Fiscal Q4

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Zydus Wellness' (NSE:ZYDUSWELL, BOM:531335) consolidated net profit declined to 1.62 billion Indian rupees in the fiscal fourth quarter ended March 31, from 1.72 billion rupees a year ago.

Earnings per share contracted to 5.09 rupees from 5.40 rupees a year earlier, the consumer wellness company said in a filing to the Indian stock exchanges on Monday.

Revenue from operations in fiscal Q4, however, increased to 14.8 billion rupees from 9.13 billion rupees a year ago.

The company's board recommended a final dividend of 1.20 rupees per equity share of 2 rupees each for the financial year ended March 31.

The company's shares were down nearly 2% in recent trade.

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