ZYDUSWELL

Feb 4 (Reuters) - Zydus Wellness Ltd ZYDS.NS:

• DEC-QUARTER CONSOL NET PROFIT 64 MILLION RUPEES

• DEC-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 4.62 BILLION RUPEES

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Dec 25 (Reuters) - Zydus Wellness Ltd ZYDS.NS:

• ZYDUS WELLNESS LTD - ZWPL RECEIVES GST DEMAND NOTICE OF 563.3 MILLION RUPEES

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Nov 19 (Reuters) - Zydus Wellness Ltd ZYDS.NS:

• HEINZ INDIA MERGED WITH ZYDUS WELLNESS RECEIVES TAX DEMAND ORDER

• TAX DEMAND OF 116.14 MILLION RUPEES INCLUDING PENALTY

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Nov 11 (Reuters) - Zydus Wellness Ltd ZYDS.NS:

• SEPT-QUARTER CONSOL NET PROFIT 209 MILLION RUPEES

• SEPT-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 4.93 BILLION RUPEES

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Rewrites, adds CFO comment from earnings call

By Rishika Sadam and Kashish Tandon

HYDERABAD/BENGALURU Nov 5 (Reuters) - Indian generic drugmaker Dr Reddy's Laboratories' REDY.NS second-quarter profit was hit by one-time charges related to its joint venture with Nestle India and Nicotinell acquisition, the company said on Tuesday.

The company also reported an impairment charge due to supply chain constraints in U.S. affecting a particular generic medical product.

Reddy's reported a 9.5% fall in its consolidated net profit after tax to 13.42 billion rupees ($159.6 million) for the quarter ended Sept. 30.

Analysts on average had estimated a profit of 14.01 billion rupees, as per data compiled by LSEG.

To diversify its portfolio beyond generic drugs and boost its consumer health business, the drugmaker invested 7.34 billion rupees during the quarter in a joint venture with Nestle India, announced in April, to make vitamin supplements.

The company also acquired nicotine replacement product, Nicotinell, from Haleon HLN.L in June.

During the quarter, the company had charged off a debt tax asset following a change in government's land tax laws which also hit the profit, Chief Financial Officer MV Narasimham said on the post-earnings call.

The drugmaker's total revenue jumped 16.5% to 80.38 billion rupees, surpassing analysts' estimates of an 11% rise, as its revenue from North America climbed 17%.

Generic drugmakers such as Dr Reddy's, Cipla CIPL.NS and Zydus ZYDS.NS have been struggling in their key United States market with lower pricing issues amid stiff competition, termed as price erosion.

However, the company said the impact of price erosion was low during the quarter, aiding to double-digit growth of its business in North America.

Generic drugmakers have also been benefitting from strong sales across North America for their generic versions of Bristol-Myers Squibb's BMY.N popular cancer treatment drug Revlimid since its launch in 2022. Their diabetic drug portfolio has also been contributing to growth in North America.

Revenue from the India business, the company's second-biggest market, climbed 18% to 13.97 billion rupees.

($1 = 84.0710 Indian rupees)

(Reporting by Kashish Tandon and Rishika Sadam in Bengaluru; Editing by Savio D'Souza, Janane Venkatraman and Vijay Kishore)

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** Shares of Zydus Wellness ZYDS.NS rise as much as 4.2%; set to rise for a fourth straight session

** Consumer goods co to buy 100% stake in Naturell (India), which manufactures nutrition bars and other health food products, for 3.90 bln rupees ($46.3 mln)

** Stock rated "buy" on avg; median PT is 2,485 rupees, ~27.6% higher than current price of 1,963 rupees - LSEG

** ZYDS last up 3.3%, extending YTD gains to ~16%

($1 = 84.0800 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

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Oct 30 (Reuters) - Zydus Wellness Ltd ZYDS.NS:

• ZYDUS WELLNESS - ACQUISITION OF 100% STAKE OF NATURELL (INDIA)

• ZYDUS WELLNESS - DEAL FOR 3.69 BILLION RUPEES

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Aug 2 (Reuters) - Zydus Wellness Ltd ZYDS.NS:

• ZYDUS WELLNESS JUNE-QUARTER CONSOL NET PROFIT 1.48 BILLION RUPEES

• ZYDUS WELLNESS JUNE-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 8.41 BILLION RUPEES

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** Shares of 'Glucon-D' and 'Complan' maker Zydus Wellness ZYDS.NS rise as much as 3.5% to 1,745 rupees, highest level since November 9, 2022

** ZYDS on Tuesday said its consolidated March-qtr net profit rose 3.4% to 1.5 billion rupees ($18 million) year-on-year

** Its consolidated sales rose to 7.78 billion rupees from 7.1 billion rupees in the quarter

** Co said in a press release that its "Sugar Free" brand maintained its leadership in the sugar substitute category with a market share of 95.9%

** Stock sees most active trading session in over a month

** Stock has risen nearly 3% so far this year, last up 2.3%

($1 = 83.5074 Indian rupees)

(Reporting by Anisha Ajith in Bengaluru)

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** Advertising and promotional (A&SP) spends for Indian fast-moving consumer goods (FMCG) makers to stay high with modest growth rates, brokerage Anand Rathi says

** A&SP spends rose 24% for eight FMCG cos in Q3 on heated up competition, festivals and the World Cup - note

** Expects ~9% rev growth in FY25 for paints, 17% for alcoholic beverages

** Prefers Hindustan Unilever (HUL) HLL.NS, Godrej Consumer Products GOCP.NS among large-caps, Zydus Wellness ZYDS.NS and Emami EMAM.NS among mid-caps, United Breweries UBBW.NS in consumer discretionary

** Rates all preferred picks "buy"

** Says favourable input price trend likely to continue for FMCG and paint cos, expect modest margin gains ahead

** Earlier in Feb, NielsenIQ data showed slowing growth of Indian consumer goods sector

** GOCP up 1.2%, ZYDS, HLL, EMAM largely flat while UBBW down 1%

(Reporting by Hritam Mukherjee in Bengaluru)

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Feb 8 (Reuters) - Zydus Wellness Ltd ZYDS.NS:

• ZYDUS WELLNESS DEC-QUARTER CONSOL NET PROFIT 3 MILLION RUPEES VERSUS PROFIT 196 MILLION RUPEES

• ZYDUS WELLNESS DEC-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 4.03 BILLION RUPEES VERSUS 4.16 BILLION RUPEES

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Jan 3 (Reuters) - Zydus Wellness Ltd ZYDS.NS:

• HEINZ INDIA MERGED WITH CO'S UNIT GETS ORDER OF ASSESSMENT FROM THE CT & GST CIRCLE, ODISHA

• ORDER PASSED ALLEGING SHORT PAYMENT OF TAX, INTEREST, PENALTY OF 3.8 MILLION RUPEES

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Zydus Wellness Ltd ZYDS.NS:

• ZYDUS WELLNESS - UNIT GETS ORDER FOR SHORT PAYMENT OF TAX, INTEREST, PENALTY OF 190.3 MILLION RUPEES

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Dec 8 (Reuters) - Zydus Wellness Ltd ZYDS.NS:

• UNIT ZYDUS WELLNESS, SIKKIM RECEIVED AN ORDER FROM OFFICE OF ASSISTANT COMMISSIONER OF GST, TELANGANA

• SAYS ORDER ALLEGING THAT GST AMOUNT OF 180,748 WAS SHORT PAID / NOT-PAID

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HYDERABAD, Nov 7 (Reuters) - Indian generic drugmaker Zydus Lifesciences Ltd ZYDU.NS reported a better-than-expected 53.3% jump in quarterly profit on Tuesday, led by the strong sales in the domestic market and the United States.

Consolidated net profit was 8.01 billion rupees ($96.2 million) in the quarter ended Sept 30, compared with 5.23 billion rupees a year earlier. Analysts, on an average, expected a profit of 7.58 billion rupees, per LSEG data.

Total revenue from operations rose 9.1% to 43.69 billion rupees, boosted by the strength in U.S. formulation segment, which constitutes 44% of the business.

India's generic drug makers, which draw a significant share of revenue from the crucial U.S. market, are recovering from the effects of eroding prices in the largest drug market in the world.

Zydus' U.S. formulation revenue rose 9.2%. The company had in August said the business will be boosted by the sales of lenalidomide capsules, a copy of popular cancer drug Revlimid, through the year.

The company, which also makes complex biological drugs biosimilars and vaccines, reported a 4.8% rise in India revenue.

"Going ahead, differentiated launches in the U.S., in addition to a rebound in India business growth which was constrained by delayed seasonality, will be critical drivers," Managing Director Sharvil Patel said in a statement.

Patel expects sustained growth in profit this fiscal year, with a more than 24% margin on earnings before interest taxes, depreciation and amortisation.

Shares of Zydus rose 1.34% after the results, compared to a 1.12% rise in the Nifty Pharma index.

On Monday, unit Zydus Wellness Ltd ZYDS.NS, which makes consumer brands, reported a more than 30% drop in second-quarter profit, hit by a one-off tax expense. nL4N3C71IY

Last month, rivals Dr Reddy's REDY.NS and Cipla CIPL.NS, topped quarterly profit estimates, led by strong U.S. demand.

($1 = 83.2580 Indian rupees)

(Reporting by Rishika Sadam; Editing by Dhanya Ann Thoppil)

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Nov 6 (Reuters) - Zydus Wellness Ltd ZYDS.NS:

• INDIA'S ZYDUS WELLNESS Q2 CONSOL NET PROFIT 59 MILLION RUPEES VERSUS 85 MILLION RUPEES

• ZYDUS WELLNESS Q2 CONSOL SALES 4.38 BILLION RUPEES VERSUS 4.27 BILLION RUPEES

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BENGALURU, Aug 11 (Reuters) - Indian generic drugmaker Zydus Lifesciences Ltd ZYDU.NS said on Friday its profit more than doubled in the first quarter, driven by strong sales in its U.S market.

The pharmaceutical company's consolidated net profit rose to 10.87 billion rupees ($131.3 million) in the quarter ended June 30, compared with 5.18 billion rupees a year earlier.

Its U.S formulations business saw a revenue growth of 57.4% to 24.54 billion rupees, while India formulations grew by 9.1% to 12.27 billion rupees. India and U.S. sales make up 38% and 48% of Zydus' total revenue, respectively.

Zydus has seen a steady growth in its U.S. business, led by new product launches including cancer treatment drug gRevlimid and anti-convulsant medicine gTrokendi.

The Ahmedabad-based drugmaker reported a more than 57% rise in total revenue from operations. Its earnings before interest, taxes, depreciation and amortisation margin improved to 29.3% from 20.5% last year.

Last week, Zydus Wellness ZYDS.NS, a unit focused on making consumer wellness products such as energy drink Glucon D, posted a nearly 19% dip in its first-quarter net profit.

Last month, Dr Reddy's Laboratories REDY.NS and Cipla CIPL.NS reported first-quarter profits above estimates on the back of strong sales in domestic and overseas markets.

Shares of Zydus Lifesciences rose as much as 1.3% after the results before paring the gains. The stock has climbed nearly 55% so far this year, outperforming a nearly 22% rise in the broader Nifty pharma index .NIPHARM.

($1 = 82.7750 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru; Editing by Subhranshu Sahu)

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Aug 3 (Reuters) - Zydus Wellness Ltd ZYDS.NS:

• JUNE-QUARTER CONSOL NET PROFIT 1.1 BILLION RUPEES VERSUS 1.37 BILLION RUPEES

• JUNE-QUARTER CONSOL SALES 6.99 BILLION RUPEES VERSUS 6.93 BILLION RUPEES

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BENGALURU, May 18 (Reuters) - India's Zydus Lifesciences Ltd ZYDU.NS reported its smallest profit in 14 quarters, hurt by a goodwill impairment charge and costs related to shutting operations at one of its manufacturing units.

The pharmaceutical company reported a 25% fall in its fourth-quarter consolidated net profit to 2.97 billion rupees ($36.32 million), its smallest profit since the second quarter of fiscal 2019.

Zydus Lifesciences said it had a one-time expense of 6.01 billion rupees due to an impairment charge at its U.S. unit Sentynl Therapeutics Inc and costs related to ceasing operations at a manufacturing facility of its unit Zydus Wellness Products Ltd. ZYDS.NS

However, total profit before exceptional items, tax and share of profit from joint ventures surged 90% to 10.87 billion rupees on strong demand sentiment in the pharmaceutical sector.

Zydus Lifesciences's earnings before interest, taxes, depreciation and amortisation (EBITDA) margins climbed more than 25% from 18.9% a year ago.

Its total revenue from operations grew 31.6% to 50.11 billion as sales surged.

Sales from its U.S. drugs segment, accounting for 46% of overall sales, surged 58.3%, while its India drugs business, which had a 26% contribution, rose nearly 11%.

Revenue from Zydus's pharmaceuticals segment, which accounted for 85% of its total revenue in the quarter, grew 35.5% year-on-year to 43 billion rupees.

The company's total expenses, however, rose 19.6% as input costs climbed 11.3%.

The Ahmedabad-based company recommended a final dividend of 6 rupees per share.

Zydus Wellness, the parent company's unit manufacturing consumer wellness products, reported a drop in its fourth-quarter profit margins on Wednesday on higher costs.

Zydus Lifesciences shares closed 2% lower on Thursday after the results. They gained 17% in the March quarter, comfortably outperforming the Nifty pharma index .NIPHARM which declined 4.6%.

($1 = 81.7800 Indian rupees)

(Reporting by Biplob Kumar Das in Bengaluru; Editing by Janane Venkatraman)

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May 17 (Reuters) - Zydus Wellness Ltd ZYDS.NS:

• MARCH-QUARTER CONSOL NET PROFIT 1.45 BILLION RUPEES VERSUS 1.33 BILLION RUPEES

• MARCH-QUARTER CONSOL SALES 7.1 BILLION RUPEES VERSUS 6.35 BILLION RUPEES

• FINAL DIVIDEND OF 5 RUPEES PER SHARE

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