Remedium Lifecare Ltd. Reports Stellar Earnings for Q3FY24, Sets Record Date for Stock Split
Indian Economy & Market|March 2024
Remedium Lifecare Ltd., a company engaged in trading API intermediates (KSMs and CRMs) and various other raw materials essential to API trading, has announced its financial results for quarter and nine months ended 31 December 2023.
Remedium Lifecare Ltd. Reports Stellar Earnings for Q3FY24, Sets Record Date for Stock Split

The company further set 23rd February 2024 as record date for its previously announced 5:1 stock split (Subdivision of Face Value of Equity Shares from Rs. 5/- each to Face Value of Re. 1/- each).

Financials

For the quarter ended 31 December 2023, the company recorded revenues of Rs. 1834 Crore, a growth of 942% YoY. The EBITDA jumped 5146% YoY, from Rs. 1 Crore to Rs. 54 Crore (Q3FY24). The PBT grew 4425%, from Rs. 1.53 Crore (Q3FY23) to Rs. 68.78 Crores (Q3FY24).

The Company

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