News

Zydus Wellness Q3 Results: Nearly 2x jump in expenses lead to net loss but margins expandIn its post earnings release, Zydus Wellness stated that Sugar Free strengthened its leadership in the sugar substitute category with a market share of 96.3%, growing 80 basis points from the same quarter last year.By Hormaz Fatakia   February 3, 2026, 1:08:13 PM IST (Published)2 Min ReadZydus Wellness Ltd. reported a net loss during the December quarter compared to a net profit last year, its numbers released on Tuesday, February 3 showed.

The company reported a net loss of ₹40 crore compared to a net profit of ₹6.4 crore during the same quarter last year. There was a near two-fold jump in its total expenses, which stood at ₹1,000 crore from ₹455 crore last year. Advertising and promotion expenses nearly tripled from last year, as did the other expenses. The company also had a one-time impact worth ₹6.6 crore due to the new labour code.

Other parameters of the company though were better from last year. Revenue increased to ₹965 crore from ₹462 crore during the same quarter last year, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) saw a four-fold jump to ₹61 crore from ₹15 crore last year.

EBITDA margin for the quarter expanded by over 300 basis points to 6.3% from 3.2% last year.

In its post earnings release, the company stated that Sugar Free strengthened its leadership in the sugar substitute category with a market share of 96.3%, growing 80 basis points from the same quarter last year.

Shares of Zydus Wellness are currently trading 3.5% lower after the results announcement at ₹419.1. The stock is up 13% over the last 12 months.Continue ReadingTagsQ3 resultsshare market todayZydus Wellness