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Outlook on the Chocolate Confectionery Global Market to

The Worldwide Chocolate Confectionery Industry is Expected to Reach $312 6 Billion by 2030

Zydus Wellness ropes in Katrina Kaif as brand ambassador for Sugar Free

Zydus Wellness ropes in Katrina Kaif as brand ambassador for Sugar Free
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Zydus Wellness Ltd reports Q3FY21 earnings

Zydus Wellness Ltd reports Q3FY21 earnings Posted On: 2021-02-01 10:02:38 (Time Zone: Arizona, USA) Zydus Wellness Ltd., announced results for the third quarter ended 31st December 2020. The company reported 15.6% growth in consolidated net sales which stood at Rs.3764 million. The Company reported consolidated income from operations at Rs.3816 million, up by 14.7%. EBIDTA was up by 32.7% y-o-y to Rs.495 Million. In line with its strategic initiatives to pare down the debt, the Company during the quarter has fully redeemed Nonconvertible debentures of Rs.15000 million. In the process of buying back its own Nonconvertible debentures the Company has paid one-time debenture redemption premium Rs.1321 million out of which Rs.342 million is recorded as exceptional item in our financials for the current quarter. As a result of this exceptional item the Profit after Tax (PAT) stood at Rs.17 million for the quarter.

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