Corona Remedies Ltd Share Price – NSE  / BSE

Pharmaceuticals, Small Cap

The Wokadine brand is an antiseptic and disinfectant containing Povidone-Iodine, used to treat or prevent skin infections in minor cuts, burns, wounds, and abrasions.

Wokadine ranked second in the Povidone Iodine market in India according to Pharmatrac MAT February 2026 data, is expected to support Corona Remedies? strategy of expanding its specialty care portfolio and strengthening its presence among surgeons, ENT specialists, general physicians, and gynaecologists. According to the same report, the Indian Povidone Iodine market is estimated at Rs 648 crore.

The company?s sales & marketing team along with extensive distribution network will work to ensure that this newly acquired portfolio reaches patients across metro, semi-metro, urban, semi-urban and rural areas. Wokadine comprises of 14 SKUs having different applications, helping clinicians treat the ailing community. This acquisition will be fully funded through company?s internal accruals and cash.

Tejas Kothari, vice president ? corporate strategy & business development said: ?At CORONA Remedies, we continuously assess both organic and inorganic growth opportunities, focusing on strengthening our brands by leveraging CORONA?s extensive reach, strong trust among doctors and the medical fraternity, a pan-India distribution network, and a dedicated sales and marketing team.

The company?s consolidated net profit tumbled 8.19% to Rs 41.27 crore despite 15.03% jump in revenue from operations to Rs 342.42 crore in Q3 December 2025 over Q3 December 2024.

The counter fell 1.52% to settle at Rs 1,556.15 on the BSE. The stock market will remain closed today on account of Mahavir Jayanti.

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Net profit of Corona Remedies declined 8.19% to Rs 41.27 crore in the quarter ended December 2025 as against Rs 44.95 crore during the previous quarter ended December 2024. Sales rose 15.03% to Rs 342.42 crore in the quarter ended December 2025 as against Rs 297.69 crore during the previous quarter ended December 2024.

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Corona Remedies will hold a meeting of the Board of Directors of the Company on 2 February 2026.

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Profit before tax (PBT) increased 21.67% year on year (YoY) to Rs 69.78 crore in Q2 FY26.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at Rs 78.47 crore, with EBITDA margin at 21.7% in Q2 FY26.

Total expenditure climbed 14.4% YoY to Rs 282.66 crore. Raw material costs declined 9.3% YoY to Rs 25.9 crore. Employee expenses rose 17.3% YoY to Rs 103 crore. Interest costs eased 32.8% YoY to Rs 1.93 crore, while depreciation inched up 1.7% YoY to Rs 9.2 crore.

On Half year basis, the company?s consolidated net profit jumped 35.10% to Rs 98.52 crore on 16.92% jump in revenue from operations to Rs 707.67 crore in H1 FY26, compared with H1 FY25.

Nirav K. Mehta, MD and CEO, CORONA Remedies, said: ?We are delighted to report a strong financial performance in Q2 and H1 FY26. Revenues for Q2 and H1FY26 grew by 15.1% and 17.0% respectively on a Y-o-Y basis, outperforming the IPM growth.

Profit after tax for Q2 and H1FY26 grew by 21.8% and 35.1% respectively on a Y-o-Y basis while maintaining healthy return ratios. Our strong performance reflects the consistency of our strategy, disciplined execution and deep focus on our core therapeutic segments.

By strengthening our field force, expanding our brand portfolio and maintaining a sharp focus on specialist?s prescriptions, we have continued to outperform the market while building a sustainable platform for long-term growth. Lastly, we are grateful to our bankers for their efforts in the successful listing of CORONA on the Indian stock exchanges. I would also like to thank the entire team at CORONA and our stakeholders for their continued support and faith in our business.?

Corona Remedies is an India-focused branded pharmaceutical formulation company developing, manufacturing, and marketing products in women?s healthcare, cardio-diabeto, pain management, urology and other therapeutic areas.

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