Primex News International

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Sabr Associates LLP, Gujarat goes global with Make in India exports

    August 31, 2025

    Star-studded Celebration of Ganapati, Mata Ki Chowki and 25 Years of community service

    August 30, 2025

    ChargeZone Partners with SBI to Boost EV Charging Infrastructure via DoCo Program in India

    August 30, 2025
    Facebook Twitter Instagram
    Primex News International
    • Home
    Facebook Twitter Instagram
    Primex News International
    Home»Business»Vivanza Biosciences Ltd reports Net Profit Jump of 37 per cent in 9MFY24; Total Income more than doubles to Rs. 23.50 crore
    Business

    Vivanza Biosciences Ltd reports Net Profit Jump of 37 per cent in 9MFY24; Total Income more than doubles to Rs. 23.50 crore

    By February 24, 2024No Comments2 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email

    Ahmedabad (Gujarat) [India], February 24: Gujarat based Vivanza Biosciences Ltd (BSE – 530057) – engaged in the business of pharmaceuticals and agro trading has reported excellent financial results for the nine months ended December 2023. Company reported consolidated total income of Rs. 23.49 crore for the 9MFY24 with a 137% Y-o-Y growth as compared to total income of Rs. 9.92 crore in nine months of FY23. Net profit of the company also jumped 37% to Rs. 96.13 lakh during 9MFY24 as compared to net profit of Rs. 70.19 crore.

    Company has reported strong growth over years with 3 Year CAGR of 23% sales and 69% in Net profits. Going forward, the company aims to fortify its position by strategically expanding its operations, bolstering manufacturing capabilities, and optimizing organizational capacities. The Company is looking at different opportunities in untapped markets and also across a value chain. Further, the Company has also set its vision in global market to supply and execute turnkey pharmaceutical units and plans for alliances with business associates in the global market

    Vivanza Biosciences Limited is a specialty pharmaceutical company focused on commercializing novel and generic pharmaceuticals, offering patients better, safe and more accessible medicines. Over the last two decades, it has carved for itself, opportunities & faced challenges head on to achieve many milestones. Company offers diversified product portfolio in therapeutic areas including Diabetes, Anti Malaria, Nephrology and Cardiovascular. Company has 100 plus contract manufacturing clients and 32 plus products in pipeline. For FY23, company reported net profit of Rs. 71.6 lakh and Total income of Rs. 18.3 crore.

    Earlier in March 2023, company approved stock split in the ration of 1:10. Company approved subdivision of one Equity Share having face value of Rs.10 each into 10 Equity Shares of Rs. 1 each.

    The company has further taken major initiatives like strong marketing efforts, focus on cost reduction through inventory management techniques, introduction of new products and manufacturing process without compromising quality of products and retain talented employees etc.

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

    Business
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Sabr Associates LLP, Gujarat goes global with Make in India exports

    August 31, 2025

    ChargeZone Partners with SBI to Boost EV Charging Infrastructure via DoCo Program in India

    August 30, 2025

    Authentic Shilajit: Why ACTIZEET Leads the Market

    August 30, 2025

    Amanta Healthcare Limited Raised INR 37.80 Crore Via Anchor Investors Prior To IPO Launch

    August 30, 2025

    IGBC certified flats in Bhopal: Why families rush to Green City Extension

    August 29, 2025

    Ishaara launched ‘Proof Positive’ – A Zero-Proof Cocktail Experience Redefining mixology in Ahmedabad

    August 29, 2025

    Comments are closed.

    Top Reviews
    Editors Picks

    Sabr Associates LLP, Gujarat goes global with Make in India exports

    August 31, 2025

    Star-studded Celebration of Ganapati, Mata Ki Chowki and 25 Years of community service

    August 30, 2025

    ChargeZone Partners with SBI to Boost EV Charging Infrastructure via DoCo Program in India

    August 30, 2025

    Even rain could not stop the singing of praises of God – ‘Lal Bagh Ka Raja’ Ganpati Festival witnessed huge crowd of devotees

    August 30, 2025
    About Us
    About Us
    Our Picks

    Sabr Associates LLP, Gujarat goes global with Make in India exports

    August 31, 2025

    Star-studded Celebration of Ganapati, Mata Ki Chowki and 25 Years of community service

    August 30, 2025

    ChargeZone Partners with SBI to Boost EV Charging Infrastructure via DoCo Program in India

    August 30, 2025
    Top Reviews
    © 2025 Primex News International. Designed by Primex Media Services.
    • Home

    Type above and press Enter to search. Press Esc to cancel.