PANACEA BIOTEC Q3 FY24 Results

PANACEA BIOTEC has released its financial results for the Q3 quarter of Financial Year 23-2024. Here's a comprehensive breakdown of the company's performance:

Revenue Analysis

• Current Quarter Revenue: Rs. 150.50 Cr
• Quarter-on-Quarter (QoQ) Change: 5.23% (Previous Quarter: Rs. 143.02 Cr )
• Year-on-Year (YoY) Change: 30.64% (Same Quarter Last Year: Rs. 115.20 Cr )

Profitability Metrics

• Net Profit: Rs. -2.20 Cr
• QoQ Profit Change: -73.46% (Previous Quarter: Rs. -8.29 Cr )
• YoY Profit Change: -111.36% (Same Quarter Last Year: Rs. 19.37 Cr )

Shareholder Returns

• Earnings Per Share (EPS): Rs. -0.37
• QoQ EPS Change: -72.59% (Previous Quarter: Rs. -1.35)
• YoY EPS Change: -111.71% (Same Quarter Last Year: Rs. 3.16)

Performance Summary

Mixed

PANACEA BIOTEC showed mixed performance. Sales are up, but profits are down. They might be facing higher costs or tough competition.

This analysis provides a snapshot of PANACEA BIOTEC's financial performance. Investors and analysts should consider these results in the context of broader market trends and the company's long-term strategy.