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HomeMarket NewsUnichem Laboratories Q2 Results: Exceptional item leads to net loss; Stock surges 5%
Unichem Labs' EBITDA margin expanded by 50 basis points on a year-on-year basis to 11.4% from 10.9% during the base quarter.
Unichem Laboratories shares surged over 5% on Tuesday, November 11, after the company announced its September quarter results. This comes even after the company reported a net loss of ₹12 crore in the September quarter, compared to a net profit of ₹24.56 crore during the same quarter last year.
During the quarter, Unichem Labs classified an expense of ₹58.26 crore as an exceptional item, which pertained to interest on a fine imposed by the European Commission. Adjusted for the exceptional item, Unichem Labs would have reported a net profit on a consolidated basis, higher than the same quarter last year.
Unichem Labs' revenue rose 14.2% year-on-year to ₹579 crore from ₹507 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) grew by 19.2% to ₹66 crore from ₹55.3 crore last year.
Unichem Labs' EBITDA margin expanded by 50 basis points on a year-on-year basis to 11.4% from 10.9% during the base quarter.
Shares of Unichem Labs gained as much as 6% after the earnings announcement, currently trading 5.6% higher at ₹488.25. The stock has been an underperformer in 2025, having declined 33% so far during the year.
