Jubilant Pharmova Q1 Results
The first quarter’s net profit for Jubilant Pharmova Ltd. decreased 86.4% year over year to 6.4 crore from 47.1 crore during the same time in 2016. shares fell more than 2%.
Jubilant Pharmova Ltd., a pharmaceutical firm, said on Wednesday that its consolidated net profit (attributable to shareholders of the company) for the fiscal’s first quarter ending in June (Q1FY24) fell by 86.4% year over year to 6.4 crore. In the same period last year, the company had declared a profit of 47.1 crore. Shares of Jubilant Pharmova were trading at 388.50, down more than 2%.
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