Concord Drugs Reports Mixed Financial Results Amid Sales Decline in May 2025

May 23 2025 09:01 PM IST
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Concord Drugs has released its financial results for the quarter ending March 2025, showing a significant improvement in Profit After Tax, which reached Rs 0.27 crore. However, the company experienced a decline in net sales, dropping 33.57% year on year to Rs 10.39 crore, marking its lowest sales in five quarters.
Concord Drugs, a microcap player in the Pharmaceuticals & Biotechnology sector, has recently reported its financial results for the quarter ending March 2025. The results, declared on May 23, 2025, indicate a notable shift in the company's evaluation, with its score adjusting to -3 from a previous score of 4 over the last three months.

In terms of performance, the company has shown a positive trend in Profit After Tax (PAT), which stands at Rs 0.27 crore for the latest six-month period, surpassing the PAT of Rs -0.51 crore from the preceding twelve months. This marks a significant turnaround in profitability for Concord Drugs.

However, the company faces challenges with its net sales, which have reported a decline of 33.57% year on year, reaching Rs 10.39 crore. This figure represents the lowest sales recorded in the last five quarters, indicating a concerning trend in sales performance.

Overall, the financial results reflect a complex landscape for Concord Drugs, with both positive and negative elements influencing its current standing.

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