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Aayush Wellness Limited reports a 6300 Percent growth in revenue to Rs 111.00 lakhs in the June 2024 quarter
New Delhi (India), August 13: Aayush Wellness Limited, formerly Aayush Food and Herbs Limited, has reported its best quarterly earnings in the quarter ended June 30, 2024. The company achieved an impressive 6300% y-o-y topline growth and 183.56% y-o-y bottom line growth. Company’s total revenue stood Rs. 1110.56 lakhs vis-à-vis Rs. 17.35 lakhs in June [...]
New Delhi (India), August 13: Aayush Wellness Limited, formerly Aayush Food and Herbs Limited, has reported its best quarterly earnings in the quarter ended June 30, 2024. The company achieved an impressive 6300% y-o-y topline growth and 183.56% y-o-y bottom line growth. Company’s total revenue stood Rs. 1110.56 lakhs vis-à-vis Rs. 17.35 lakhs in June 2023 and profit after tax stood at Rs 25.49 lakhs, vis-a-vis Rs 8.98 lakhs in the same quarter last year.
The Earnings Per Share (EPS) has also risen to Rs 0.79 per share vis-a vis Rs. 0.28 per share, reflecting a substantial 184% y-o-y rise. This notable growth was fueled by the successful expansion and enhancement of its product portfolio, alongside strong performance across its core business segments in the Healthcare and wellness sector. In the June 2024 quarter, the company achieved a Profit After Tax (PAT) of ₹25.49 lakhs, representing a substantial increase of 51.30% compared to the PAT of ₹16.85 lakhs recorded in the previous quarter (March 2024).
The company achieved total revenue of Rs 1110.56 Lakhs, representing an impressive growth of 6300% compared to Rs 17.35 lakhs in Q1 FY24. This surge was driven by increased demand for the company’s products and existing services, coupled with the successful expansion into new markets.
