Zydus Life wins advice to consider takeover


Zydus Lifesciences rose 1.13% to Rs 353 after the company announced that its board would consider a share buyback on May 20, 2022.

The board will also consider the results for FY22 and the final dividend on May 20, 2022.

Zydus Lifesciences is a discovery-driven, global life sciences company that discovers, develops, manufactures and markets a broad range of healthcare therapies.

On a consolidated basis, the company’s net profit fell by 5.08% to Rs 500.40 crore on a 0.61% increase in operating income to Rs 3,655 crore in Q3 FY22 compared to Q3 FY21 .

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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