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Quarterly ResultsCreated 10 August 20261 min read

CORONA Remedies Posts Strong Growth, Profitability Expands

The pharmaceutical firm reported robust year-on-year and sequential growth in both revenue and profit for the June quarter.

By Abhinav Singhvi, Founder & CEO Hexawealth

CORONA Remedies delivered a strong Q1 FY27, with revenue rising 21.9% and profit surging 30.1% year-on-year. Profit growth outpaced sales, lifting the net profit margin.

CORONA Remedies kicked off the new fiscal year with a strong quarter, posting double-digit growth in both revenue and profit. The company's performance was driven by a significant sequential uptick, indicating robust operating momentum as it entered FY27.

Revenue for Q1 FY27 came in at ₹422.43 crore, a 21.9% increase from the same quarter last year. Profit after tax grew even faster, rising 30.1% year-on-year to ₹60.11 crore. This profit growth outpacing sales lifted the net profit margin by 90 basis points to 14.2%, showcasing improved profitability.

The quarter also marked a sharp improvement from the preceding three months. Sequentially, revenue grew 19.6% from Q4 FY26, while profit jumped 32.6%. The recent quarterly performance is detailed below.

Revenue (₹ Cr)

Profit (₹ Cr)

Net Profit Margin

MetricCurrentQ1 FY27PreviousQ4 FY26Same quarter LYQ1 FY26
Period
Quarter ended June 2026
Quarter ended March 2026
Quarter ended June 2025
Revenue (₹ Cr)
422.43YoY +22%
353.09
346.54
Profit (₹ Cr)
60.11YoY +30%
45.33
46.20
Net Profit Margin
14.2%YoY +6.8%
12.8%
13.3%

Key Points

  • The trailing twelve-month (TTM) net profit margin stands at 13.5%, with TTM profit at ₹199.03 crore.
  • The company maintains a strong balance sheet with a high return on equity of 27.36% and a comfortable debt-to-equity ratio of 0.19.
  • At a price-to-earnings (P/E) ratio of 51.4, the stock trades at a 38.4% premium to its industry average.

Overall, the quarter reflects healthy operational execution. The key question is whether the company can sustain this elevated level of profitability and growth in the coming quarters.

Live Chart

· CORONA

(BSE)

ISIN: INE02ZQ01018

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