Zydus Wellness Q4 Review - Robust Growth; Margins To Expand: ICICI Direct
Sugar Free brand manufactured by Zydus Wellness Ltd. (Source: Company website)

Zydus Wellness Q4 Review - Robust Growth; Margins To Expand: ICICI Direct

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ICICI Direct Report

Zydus Wellness Ltd. reported healthy results with revenue growth of 24.2% due to ~Rs 100 crore sales loss in base quarter due to lockdown imposed in March 2020.

The company witnessed strong double digit growth in Sugar Free and Nycil.

Further, discretionary brand Everyuth also saw strong growth with an increase in out of home activity.

Hotel-restaurant-cafe dominant brand like Nutralite saw a sharp recovery with sales reaching at pre-Covid-19 levels in Q4.

The company maintained its leadership position in five of its brands - Glucon-D, Sugar Free, Ever-Yuth Scrub, Peel off Face Mask and Nycil.

Click on the attachment to read the full report:

ICICI Direct Zydus Wellness Q4FY21 Result Update.pdf

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