Medico Remedies registered 60.79% YOY revenue growth in FY2018-19 marking total revenue of Rs.99.58 Crore.

Company : Mehai Technology Ltd

Medico Remedies Limited, posted annual net profit of Rs.1.57 Crore in FY2018-19 compared to Rs.1.22 Crore in the year-ago period. In HY2 of FY2018-19 PAT stood at Rs.1.11 Crore whereas last year it was Rs.82 Lakh.

As per the report published by Harshit Mehta, the Managing Director of Mumbai based Medico Remedies, in FY2018-19 annual PBT reached Rs.2.17 Crore showcasing a 16.04% hike against previous year's Rs.1.87 Crore.

Reportedly, in the second half of Financial Year 2018-19, profit before tax was Rs.1.49 Crore whereas in a year ago period, it was of Rs.1.25 Crore.

Incorporated in 1994, Medico Remedies Limited is an WHO-GMP & ISO-9001:2008 certified company engaged in manufacturing and selling of pharmaceutical formulation products in India.

Recent Stories