BSEResult4d ago · 31 Jul 2026, 05:27 pm
Unaudited Financial Results for the first quarter and three months ended June 30, 2026
Corona Remedies Ltd · 544644
✦ AI Summary▲ PositiveResults
Corona Remedies Ltd reported unaudited financial results for Q1FY27, with revenue growth of 21.9% and PAT growth of 30.1% Y-o-Y, driven by robust brand building and operational excellence.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10
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Corona Remedies Ltd - 544644 - Unaudited Financial Results For The First Quarter And Three Months Ended June 30, 2026
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July 31, 2026
To, To,
Listing Operation Department Listing Compliance Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Kurla
Dalal Street, Mumbai-400001 Complex, Bandra (East), Mumbai-400051
(Scrip Code: 544644) (SYMBOL: CORONA)
Dear Sir / Madam,
Sub.: Outcome of the Board Meeting
Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (Listing Regulations), we would like to inform that based
on the recommendation of the Audit Committee, the Board at its meeting held today has, inter alia,
approved the unaudited standalone and consolidated financial results along with limited review
reports of the Company for the first quarter and three months ended June 30, 2026. The said financial
results are enclosed herewith.
In terms of Regulation 47 of the Listing Regulations, the Company will publish an advertisement for
unaudited standalone and consolidated financial results for the first quarter and three months ended
June 30, 2026.
The above results along with limited review reports are also being made available on the website of
the Company at www.coronaremedies.com
A Press Release on financial results which is being submitted to the media, is also enclosed herewith.
The Board meeting commenced at 03:00 p.m. and concluded at 04:00 p.m.
You are requested to take note of the above.
Thanking you.
Yours faithfully,
For CORONA Remedies Limited
Chetna Dharajiya
Company Secretary and Compliance Officer
Encl.: A/a
PRESS RELEASE
CORONA Remedies delivers a strong start to FY 27, with a Revenue growth of 21.9%
and a PAT growth of 30.1% Y-o-Y for Q1FY27, driven by robust Brand Building and
Opera onal Excellence
Ahmedabad | July 31, 2026
CORONA Remedies Limited, a leading India-focused branded pharmaceu cal company, announced its
unaudited financial results for Q1FY27, delivering robust revenue and resilient margins, supported by
consistent brand-building, focus on engine brands and enhanced opera onal efficiencies.
Key Opera onal & Financial Highlights
Delivered ₹ 422.4 Cr revenue for Q1FY27 registering a growth of 21.9% Y-o-Y supported by
execu on excellence and focused brand building ini a ves.
PAT for Q1FY27 stood at ₹ 60.1Cr, a growth of 30.1% Y-o-Y. PAT margins for Q1FY27 stood at
14.2%, an increase of 90 bps Y-o-Y.
Financial Performance Snapshot:
Particulars (₹ in Cr) Q1FY27 Q1FY26 Y-o-Y % Growth
Revenue from Operations 422.4 346.5 21.9%
EBITDA 93.1 69.8 33.5%
EBITDA Margin 22.0% 20.1% 190 bps
Profit After Tax 60.1 46.2 30.1%
Profit After Tax Margin 14.2% 13.3% 90 bps
Key Business Highlights:
Outpacing IPM Growth1: CORONA con nues to be the fastest growing company among top
30 companies of IPM for last 6 consecu ve months, as per MAT June’26. CORONA has
outperformed market by 1.9 mes as per MAT June’26.
Market Rank Progression1: Rank moves 3 places up in a year and reaches at 26th Rank as per
MAT June’26 and for the quarter (We were at 29th Rank as of MAT June’25).
Therapy Leadership1: CORONA stands at 5th rank in Gynaecology; reflec ng our commitment
and therapy leadership in the segment.
Inaugura on of Female Hormone Plant: Inaugurated and ini ated the
commercializa on of our EU-GMP approved Female Hormone Manufacturing Facility
based in Ahmedabad, on 30 June 2026.
Integra on of Wokadine (acquired brand): We have ini ated the smooth
integra on of Wokadine from the supply side and distribu on perspec ve.
1: As per Pharmatrac June’26 Data
Commen ng on the performance for Q1FY27, Mr. Nirav K. Mehta, Managing Director & CEO, CORONA
Remedies Limited, said:
“Q1 FY27 shows our commitment to consistent growth with opera onal excellence and brand building.
With robust revenue growth and market rank improvement, we see posi ve outcomes of the strategies
in place.
We aim to move steadfast with our aligned focus on core therapies such as Women’s Healthcare,
Cardio-diabetes, Pain Management and Urology. We are also strengthening ourselves in Infer lity and
Biosimilar segment.”
About CORONA Remedies Limited
Founded in 2004, CORONA Remedies Limited is a leading India-focused pharmaceu cal company
engaged in developing, manufacturing, and marke ng products across key therapeu c areas including
women’s healthcare, cardio-diabetes, pain management and urology.
The company operates WHO-GMP/EU GMP-cer fied manufacturing facili es and maintains strong
innova on capabili es through DSIR-approved R&D centers.
Disclaimer: Certain statements contained in this document may be statements of future expecta ons
and other forward-looking statements that are based on management ‘s current view and assump ons
and involve known and unknown risks and uncertain es that could cause actual results, performance
or events to differ materially from those expressed or implied in such statements. None of CORONA
Remedies Limited or any of its affiliates, advisors or representa ves shall have any liability whatsoever
(in negligence or otherwise) for any loss howsoever arising from any use of this document or its
content or otherwise arising in connec on with this document. This document does not cons tute an
offer or invita on to purchase or subscribe for any shares and neither it nor any part of it shall form
the basis of or be relied upon in connec on with any contract or commitment whatsoever.
For further informa on, please contact
Company Investor Relations Advisors
CORONA Remedies Limited Strategic Growth Advisors Pvt Ltd.
CIN: L24231GJ2004PLC044656 CIN: U74140MH2010PTC204285
Chetna Dharajiya – Company Secretary Sagar Shroff / Tanay Shah
& Compliance Officer
Email id: sagar.shroff@sgapl.net / tanay.shah@sgapl.net
Tel No: +91 98205 19303 / +91 98333 91899