'Hikal
consolidated net sales increased 8.55% to Rs 545.29 crore in Q4FY23 compared to
Q4FY22. Sales of Crop protection
products segment has gone up 58.85% to Rs 308.82 crore (accounting for 56.63%
of total sales). Sales of
Pharmaceuticals segment has gone down 23.21% to Rs 236.47 crore (accounting for
43.37% of total sales).
Profit
before interest, tax and other unallocable items (PBIT) has jumped 61.38% to Rs
66.70 crore. PBIT of Crop protection
products segment rose 162.39% to Rs 30.49 crore (accounting for 45.71% of total
PBIT). PBIT of Pharmaceuticals segment
rose 21.88% to Rs 36.21 crore (accounting for 54.29% of total PBIT).
PBIT
margin of Crop protection products segment rose from 5.98% to 9.87%. PBIT margin of Pharmaceuticals segment rose
from 9.65% to 15.31%. Overall PBIT
margin rose from 8.23% to 12.23%.
Operating
profit...
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