Poly Medicure has incorporated a wholly owned Step down subsidiary named Polyhealth in England and Wales on 04 February 2025.Polyhealth will be engaged in maufacturing and distribution of Medical Devices with great experiences for its customers. The focus will be on the supply chain and cater the Medical Devices market and/or any other activities ancillary and incidental thereto in in England and wales and other parts of Europe also. Powered by Capital Market - Live News

Net profit of Poly Medicure rose 31.08% to Rs 85.23 crore in the quarter ended December 2024 as against Rs 65.02 crore during the previous quarter ended December 2023. Sales rose 24.91% to Rs 424.21 crore in the quarter ended December 2024 as against Rs 339.60 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales424.21339.60 25 OPM %27.0026.57 - PBDT134.74104.04 30 PBT113.2387.82 29 NP85.2365.02 31 Powered by Capital Market - Live News

Poly Medicure will hold a meeting of the Board of Directors of the Company on 3 February 2025.Powered by Capital Market - Live News

Poly Medicure has entered into a joint venture agreement with AMPIN C&I Power for the purpose of setting up a Solar Power Project, which will be set up to supply power to the Company as a captive generating plant for Company`s manufacturing facility, in Haryana, India. Pursuant to the said JV Agreement, the proposed JV Company will be 26% owned by Poly Medicure and 74% owned by AMPIN C&I Power. Powered by Capital Market - Live News

Net profit of Poly Medicure rose 40.62% to Rs 87.45 crore in the quarter ended September 2024 as against Rs 62.19 crore during the previous quarter ended September 2023. Sales rose 24.53% to Rs 420.02 crore in the quarter ended September 2024 as against Rs 337.29 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales420.02337.29 25 OPM %27.4624.97 - PBDT138.8496.94 43 PBT117.9880.95 46 NP87.4562.19 41 Powered by Capital Market - Live News