# Syncom Formulations Q1 profit jumps 58% to Rs 24.85 crore

2026-08-17T06:17:14+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Syncom Formulations (India) Ltd reported a 58 per cent rise in consolidated profit after tax to Rs 24.85 crore for the June quarter, compared with Rs 15.75 crore a year earlier, driven by an ethical prescription-led business model. Total income grew 8 per cent to Rs 133.36 crore from Rs 122.94 crore in the same period last year, the company said in a regulatory filing. Profit before tax rose 59 per cent to Rs 32.25 crore, while revenue from operations increased nearly 7 per cent to Rs 125.53 crore. Earnings per share improved to Rs 0.26 from Rs 0.17. The board recommended a final dividend of Rs 0.10 per equity share for the 2025-26 financial year, subject to shareholder approval at the annual general meeting. Chairman Ankit Kedarmal Bankda attributed the performance to quality manufacturing and long-term trust with the medical community. The company, which exports to over 15 countries, operates six divisions and a field force of over 1,000 medical representatives. Its women's healthcare brands Ovafresh and Ovafresh-M are among the leading national names in the IVF and gynaecology segment.

## Coverage

- freepressjournal.in <https://www.freepressjournal.in/brand-focus/syncom-formulations-q1-profit-soars-whats-their-secret>

This story was synthesised by AI from the source linked above.

Tags: Ankit Kedarmal Bankda, Mumbai, Syncom Formulations
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