Zydus Wellness Q1 Results: Profit drops, revenue up 2%; Sugar Free, Everyuth retain leadership

Zydus Wellness Ltd on Wednesday reported a 13.3% year-on-year decline in consolidated net profit for the first quarter of FY26 at ₹128 crore, compared to ₹148 crore a year ago, primarily due to a contraction in operating margins.

Revenue rose 2.4% to ₹861 crore in the April–June quarter from ₹841 crore last year. Earnings before interest, tax, depreciation and amortisation (EBITDA) remained flat at ₹156 crore, while EBITDA margin declined to 18.1% from 18.5% in the same quarter last year.

The company’s reported net sales stood at ₹857.7 crore (₹8,577 million), with the share of organised trade continuing to grow—rising to 30.9% in Q1 FY26 from 23.3% in Q1 FY25. Within this, e-commerce contributed 14.5%, and modern trade 16.4%.

Zydus maintained leadership across key brands. Sugar Free held a dominant 96.1% market share in the sugar substitute category, which grew 4.9% at the Moving Annual Total (MAT) level.

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Everyuth reported sustained double-digit growth, leading in scrubs (48.7% share) and peel-off masks (77.2%), and ranked fifth in facial cleansing (7.8%).

Nycil led the prickly heat powder segment with a 33.3% MAT share, as the category grew 5.7%. Glucon-D retained its top spot with a 58.9% share in its category, which expanded 2.8%, while Complan held a 4% share.

Following its full acquisition of Naturell India in late FY25, Zydus said RiteBite Daily Bars helped drive strong growth in its “better-for-you” snacking portfolio under Nutralite.

The company also returned to a net cash positive position in Q1, bolstering its ability to invest in infrastructure and automation projects.

As of 1:55 pm Tuesday, shares of Zydus Wellness were trading 0.58% higher at ₹2,024.10 apiece on the NSE.