Fermenta Biotech Ltd Share Price – BSE

Pharmaceuticals, Small Cap

Fermenta Biotech announced that the Board of Directors of the Company at its meeting held on 27 May 2024, inter alia, have recommended the final dividend of Rs 1.25 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

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Net Loss of Fermenta Biotech reported to Rs 6.94 crore in the quarter ended March 2024 as against net loss of Rs 4.11 crore during the previous quarter ended March 2023. Sales declined 7.44% to Rs 97.34 crore in the quarter ended March 2024 as against Rs 105.16 crore during the previous quarter ended March 2023.

For the full year,net loss reported to Rs 23.06 crore in the year ended March 2024 as against net loss of Rs 51.08 crore during the previous year ended March 2023. Sales declined 4.08% to Rs 335.66 crore in the year ended March 2024 as against Rs 349.94 crore during the previous year ended March 2023.

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Fermenta Biotech announced that the Annual General Meeting(AGM) of the company will be held on 12 August 2024.

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Fermenta Biotech will hold a meeting of the Board of Directors of the Company on 27 May 2024

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