Pharmaids Pharmaceuticals Reports Mixed Financial Results Amidst Rising Costs and Strong Sales Growth in March 2025

May 23 2025 08:02 PM IST
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Pharmaids Pharmaceuticals has announced its financial results for the quarter ending March 2025, showing net sales of Rs 9.48 crore, a year-on-year growth of 62.61%. However, the company reported a Profit After Tax of Rs -4.00 crore and a Profit Before Tax of Rs -5.53 crore, alongside increased interest expenses.
Pharmaids Pharmaceuticals has recently reported its financial results for the quarter ending March 2025, revealing a complex picture of performance within the microcap pharmaceuticals and biotechnology sector. The company's net sales for the latest six months reached Rs 9.48 crore, reflecting a notable year-on-year growth of 62.61%. This positive sales trend indicates a strong demand for its products in the near term.

However, the financial results also highlight significant challenges. The Profit After Tax (PAT) for the quarter was recorded at Rs -4.00 crore, which represents a decline compared to the average PAT of the previous four quarters. Similarly, the Profit Before Tax (PBT) stood at Rs -5.53 crore, also showing a decrease relative to past performance. Additionally, the interest expense surged to Rs 1.01 crore, marking a substantial increase that suggests heightened borrowing costs.

In light of these developments, Pharmaids Pharmaceuticals has experienced an adjustment in its evaluation, with its score reflecting the current financial landscape.

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