Sanofi India Third Quarter 2024 Earnings: EPS: ₹35.69 (vs ₹65.95 in 3Q 2023)

Sanofi India (NSE:SANOFI) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₹5.26b (down 26% from 3Q 2023).
• Net income: ₹822.0m (down 46% from 3Q 2023).
• Profit margin: 16% (down from 21% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: ₹35.69 (down from ₹65.95 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sanofi India Earnings Insights

Looking ahead, revenue is expected to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Pharmaceuticals industry in India are expected to grow by 11%.

Performance of the Indian Pharmaceuticals industry.

The company's shares are down 4.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Sanofi India (1 makes us a bit uncomfortable!) that you should be aware of.

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