Polyplex Corporation Ltd, Reliance Power Ltd, Adani Enterprises Ltd and Adani Wilmar Ltd are among the other losers in the BSE's 'A' group today, 24 May 2023.

Dishman Carbogen Amcis Ltd crashed 12.72% to Rs 113.95 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 2.36 lakh shares were traded on the counter so far as against the average daily volumes of 60648 shares in the past one month.

Polyplex Corporation Ltd lost 8.11% to Rs 1395.8. The stock was the second biggest loser in 'A' group.On the BSE, 37285 shares were traded on the counter so far as against the average daily volumes of 29236 shares in the past one month.

Reliance Power Ltd tumbled 7.56% to Rs 11.98. The stock was the third biggest loser in 'A' group.On the BSE, 209.84 lakh shares were traded on the counter so far as against the average daily volumes of 102.73 lakh shares in the past one month.

Adani Enterprises Ltd plummeted 5.14% to Rs 2496.95. The stock was the fourth biggest loser in 'A' group.On the BSE, 17.29 lakh shares were traded on the counter so far as against the average daily volumes of 5.56 lakh shares in the past one month.

Adani Wilmar Ltd shed 4.99% to Rs 464.4. The stock was the fifth biggest loser in 'A' group.On the BSE, 20.53 lakh shares were traded on the counter so far as against the average daily volumes of 4.31 lakh shares in the past one month.

Powered by Capital Market - Live News

Revenue from operations grew by 8.7% year on year to Rs 618.56 crore in the quarter ended 31 March 2023. The growth in the revenue was mainly due to increase in CRAMS revenue from India and Switzerland.

Carbogen Amcis - CRAMS revenue increased by 9.1% YoY in Q4 FY23, primarily due to higher supplies of commercial APIs. Carbogen Amcis - Cholesterol and Vitamin D analogues revenue decreased by 5.3% YoY in Q4 FY23, primarily due to lower sales of Vitamin D analogues.

The company reported loss before exceptional items and tax of Rs 41.98 crore in Q4 FY23 from a loss before exceptional items of Rs 73.16 crore posted in Q4 FY22. The firm recorded an exceptional loss of Rs 45.62 crore during the quarter

Total expenses rose 17.08% YoY to Rs 147.26 crore in Q4 FY23. Cost of materials consumed was at Rs 41.07 crore (down 4.22% YoY) while employee benefits expense stood at Rs 19.50 crore (up 1.88%) during the period under review.

EBITDA zoomed 133.9% to Rs 514.4 crore in the fourth quarter of FY23 as against Rs 219.9 crore in Q4 FY22. EBITDA margin improved to 8.3% in Q4 FY23 as compared to 3.9% registered in the corresponding quarter previous year.

During FY23, the company reported a consolidated net loss of Rs 29.80 crore in FY23 as against a net profit of Rs 18.01 crore posted in FY22. Revenue rose 12.7% YoY to Rs 2,412.92 crore in FY23.

For Q4 FY23 and full year FY23, capital expenditure was around $17.9 million and $68.8 million, respectively.

Dishman Carbogen Amcis is a fully integrated CRAMS (contract research & manufacturing) company. The company has global presence with development and manufacturing sites in Switzerland, UK, France, Netherlands, India, and China.

Powered by Capital Market - Live News

Net Loss of Dishman Carbogen Amcis reported to Rs 70.72 crore in the quarter ended March 2023 as against net loss of Rs 44.62 crore during the previous quarter ended March 2022. Sales rose 8.71% to Rs 618.56 crore in the quarter ended March 2023 as against Rs 568.99 crore during the previous quarter ended March 2022.

For the full year,net loss reported to Rs 29.80 crore in the year ended March 2023 as against net profit of Rs 18.01 crore during the previous year ended March 2022. Sales rose 12.72% to Rs 2412.92 crore in the year ended March 2023 as against Rs 2140.69 crore during the previous year ended March 2022.

Powered by Capital Market - Live News

Dishman Carbogen Amcis will hold a meeting of the Board of Directors of the Company on 23 May 2023.

Powered by Capital Market - Live News