Zydus Wellness Q2 Review - A Forgettable Quarter; Focus Continues On Laying Building Blocks: ICICI Securities

Gross margins were down 490 basis points YoY due to sharp inflation in milk prices and weak product mix.

ICICI Securities

11 Nov 2022, 03:10 PM IST

Complan health drink manufactured by Zydus Wellness Ltd. sits on shelf in a store. (Photo: Usha Kunji/ BQ Prime)

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Zydus Wellness Q2 Review - A Forgettable Quarter; Focus Continues On Laying Building Blocks: ICICI Securities

Gross margins were down 490 basis points YoY due to sharp inflation in milk prices and weak product mix.

Choose a plan