CORONA Remedies Limited (formerly known as CORONA Remedies Private Limited) — Quarter ended 31 March 2026 and year ended 31 March 2026
Optional commentary: Amounts are in Rs. Crores (except per share data).
| Sr. No. | Particulars | For Quarter Ended 31 Mar 2026 (Refer note 5) | 31 Dec 2025 (Unaudited) | 31 Mar 2025 (Refer note 4) | For Year Ended 31 Mar 2026 (Audited) | 31 Mar 2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income : | |||||
| a | Revenue from operations | 353.09 | 342.42 | 293.69 | 1,403.18 | 1,196.42 |
| b | Other income | 4.11 | 2.24 | 1.42 | 10.65 | 5.93 |
| Total income | 357.20 | 344.66 | 295.11 | 1,413.83 | 1,202.35 | |
| 2 | Expenses : | |||||
| a | Cost of materials consumed | 27.73 | 24.82 | 25.89 | 103.51 | 102.29 |
| b | Purchases of Stock-in-trade | 46.34 | 41.15 | 45.78 | 150.38 | 157.97 |
| c | Changes in inventories of finished goods, stock-in-trade and work-in-progress | (7.83) | (5.70) | (14.81) | 7.05 | (23.74) |
| d | Employee benefits expense | 106.63 | 95.94 | 84.85 | 403.02 | 346.14 |
| e | Finance costs | 1.38 | 1.66 | 2.20 | 6.97 | 10.60 |
| f | Depreciation and amortization expenses | 10.29 | 9.45 | 10.04 | 37.87 | 37.16 |
| g | Other expenses | 118.20 | 103.05 | 97.76 | 445.78 | 373.78 |
| Total expenses | 302.74 | 270.37 | 251.71 | 1,154.58 | 1,004.20 | |
| 3 | Profit before Exceptional item and Tax (1-2) | 54.46 | 74.29 | 43.40 | 259.25 | 198.15 |
| 4 | Exceptional item : | |||||
| a | Statutory impact of new Labour Codes (Refer note 6) | – | (19.10) | – | (19.10) | – |
| 5 | Profit before tax (3+4) | 54.46 | 55.19 | 43.40 | 240.15 | 198.15 |
| 6 | Tax expense : | |||||
| a | Current tax expense | 8.06 | 17.10 | 9.24 | 56.20 | 45.55 |
| b | (Excess) provision for tax relating to earlier periods / year | (3.83) | – | – | (4.72) | (0.75) |
| c | Deferred tax expense / (income) | 5.18 | (3.16) | 2.82 | 3.82 | 4.30 |
| Total Tax expense | 9.41 | 13.94 | 12.06 | 55.30 | 49.10 | |
| 7 | Net Profit after tax for the period / year (5-6) | 45.05 | 41.25 | 31.34 | 184.85 | 149.05 |
| 8 | Other comprehensive income / (loss) for the period/year | |||||
| a | Items that will not be reclassified to profit and loss | 0.90 | (0.08) | (0.35) | 0.15 | (1.16) |
| b | Income tax effect on above item | (0.23) | 0.02 | 0.09 | (0.04) | 0.29 |
| Total Other comprehensive income / (loss) for the period/year | 0.67 | (0.06) | (0.26) | 0.11 | (0.87) | |
| 9 | Total comprehensive income for the period/year (7+8) | 45.72 | 41.19 | 31.08 | 184.96 | 148.18 |
| 10 | Paid-up equity share capital (face value Rs.10/-) | 61.16 | 61.16 | 61.16 | 61.16 | 61.16 |
| 11 | Other Equity | 684.81 | 544.56 | |||
| 12 | Earnings per share (not annualised for the quarter) | |||||
| a | Basic (Rs.) | 7.37 | 6.74 | 5.12 | 30.22 | 24.37 |
| b | Diluted (Rs.) | 7.37 | 6.74 | 5.12 | 30.22 | 24.37 |
Optional commentary: Standalone statement of assets and liabilities.
| Sr. No. | Particulars | As at 31 March 2026 (Audited) | As at 31 March 2025 (Audited) |
|---|---|---|---|
| A | ASSETS: | ||
| 1 | Non-current assets | ||
| a | Property, plant and equipment | 291.14 | 198.73 |
| b | Capital work-in-progress | 143.12 | 185.95 |
| c | Other intangible assets | 262.83 | 171.15 |
| d | Financial assets | ||
| i Investments | 25.40 | 25.34 | |
| ii Loans | 0.01 | 0.03 | |
| iii Other financial assets | 129.87 | 1.25 | |
| e | Other non-current assets | 3.57 | 7.92 |
| Total non-current assets | 855.94 | 590.37 | |
| 2 | Current assets | ||
| a | Inventories | 125.00 | 129.48 |
| b | Financial assets | ||
| i Trade receivables | 145.55 | 118.29 | |
| ii Cash and cash equivalents | 1.83 | 3.22 | |
| iii Bank balances other than cash and cash equivalents | 42.29 | 66.05 | |
| iv Loans | 0.26 | 0.38 | |
| v Other financial assets | 0.30 | 2.64 | |
| c | Other current assets | 33.08 | 18.81 |
| Total current assets | 348.31 | 338.87 | |
| TOTAL ASSETS | 1,204.25 | 929.24 | |
| B | EQUITY AND LIABILITIES: | ||
| 1 | Equity | ||
| a | Equity share capital | 61.16 | 61.16 |
| b | Other equity | 684.81 | 544.56 |
| Total equity | 745.97 | 605.72 | |
| 2 | Non-current liabilities | ||
| a | Financial liabilities | ||
| i Borrowings | – | 16.00 | |
| ii Lease liabilities | 18.88 | 21.02 | |
| b | Provisions | 66.07 | 38.61 |
| c | Deferred tax liabilities (net) | 12.16 | 8.30 |
| Total non-current liabilities | 97.11 | 83.93 | |
| 3 | Current liabilities | ||
| a | Financial liabilities | ||
| i Borrowings | 142.86 | 46.70 | |
| ii Lease liabilities | 3.11 | 2.52 | |
| iii Trade payables | |||
| – total outstanding dues of micro enterprises and small enterprises | 9.85 | 2.91 | |
| – total outstanding dues of creditors other than micro enterprise and small enterprise | 137.22 | 140.61 | |
| iv Other financial liabilities | 19.72 | 4.77 | |
| b | Other current liabilities | 6.99 | 8.37 |
| c | Provisions | 33.04 | 27.39 |
| d | Current tax liabilities (net) | 8.38 | 6.32 |
| Total current liabilities | 361.17 | 239.59 | |
| Total liabilities | 458.28 | 323.52 | |
| TOTAL EQUITY AND LIABILITIES | 1,204.25 | 929.24 |
Optional commentary: Standalone cash flows.
| Particulars | Year ended 31 March 2026 (Audited) | Year ended 31 March 2025 (Audited) |
|---|---|---|
| Cash flow from operating activities | ||
| Profit before tax | 240.15 | 198.15 |
| Adjustments for: | ||
| Depreciation and amortization expenses | 37.87 | 37.16 |
| Finance costs | 6.97 | 10.60 |
| Interest income | (7.06) | (4.41) |
| Income from sale of Investments (mutual funds) * | (0.00) | |
| Fair valuation adjustments of Investments designated as Fair Value through Profit & Loss (FVTPL) | (0.07) | (0.02) |
| Loss on sale/disposal of fixed assets | 0.54 | 0.71 |
| (Written back) / provision for expected credit loss | 0.05 | (0.01) |
| (Written back) / provision for inventory obsolescence | (0.73) | 2.25 |
| Bad debts written off | 0.18 | 0.06 |
| Liabilities written back | (0.19) | (0.19) |
| Provision for expiry and breakage sales return | 8.31 | 6.59 |
| Net Unrealized exchange (Gain) | (1.25) | (0.05) |
| Operating profit before working capital changes | 284.77 | 250.84 |
| Changes in working capital | ||
| Decrease / (Increase) in inventories | 5.21 | (33.39) |
| (Increase) in trade receivables | (26.21) | (18.36) |
| (Increase) / Decrease in other current assets | (14.27) | 2.55 |
| Decrease / (Increase) in other financial assets | 2.36 | (2.77) |
| Decrease in non-current assets | 0.04 | 0.11 |
| Decrease in loans | 0.14 | 0.06 |
| Increase in other financial liabilities | 1.23 | 1.08 |
| Increase in provisions | 24.95 | 2.70 |
| Increase in trade payables | 3.71 | 29.42 |
| (Decrease) / Increase in other current liabilities | (3.03) | 1.53 |
| Cash generated from operations | 278.90 | 233.77 |
| Income taxes paid (Net of Income Tax refund) | (49.42) | (43.28) |
| Net cash generated from operating activities (A) | 229.48 | 190.49 |
| Cash flow from Investing activities | ||
| Payment for property, plant and equipment and other intangible assets including capital work-in-progress, capital advance and capital payable | (174.14) | (91.66) |
| Current investments not considered as Cash and cash equivalents-Net * | 0.01 | – |
| Proceeds from sale/ disposal of fixed assets | 0.54 | 0.64 |
| Fixed deposits placed with Bank not considered as Cash and cash equivalents-Net | (89.62) | 2.75 |
| Interest received | 7.06 | 4.41 |
| Net cash (used in) investing activities (B) | (256.15) | (83.86) |
| Cash flow from Financing activities | ||
| Payment of dividend | (44.71) | (22.63) |
| Repayment of long-term borrowings | (36.00) | (51.00) |
| Proceeds from / (repayment) of working capital borrowings (net) | 116.16 | (20.44) |
| Interest paid | (5.26) | (7.82) |
| Payment towards lease liability (excluding interest) | (2.78) | (2.37) |
| Interest on lease liability | (2.13) | (2.31) |
| Net cash generated / (used in) from financing activities (C) | 25.28 | (106.57) |
| Net (decrease) / increase in cash and cash equivalents (A+B+C) | (1.39) | 0.06 |
| Effect of exchange differences on restatement of foreign currency Cash and cash equivalents** | (0.00) | (0.00) |
| Cash and cash equivalents at the beginning of the year | 3.22 | 3.16 |
| Cash and cash equivalents at the end of the year | 1.83 | 3.22 |
| Particulars | Year ended 31 March 2026 (Audited) | Year ended 31 March 2025 (Audited) |
|---|---|---|
| Cash and cash equivalents comprise | ||
| Balances with banks: | ||
| In current accounts | 0.05 | 0.52 |
| Cheques on hand | 1.70 | 2.67 |
| Cash on hand | 0.08 | 0.03 |
| Total cash and bank balances at end of the year | 1.83 | 3.22 |
Optional commentary: Consolidated statement of financial results.
| Sr. No. | Particulars | For Quarter Ended 31 Mar 2026 (Refer note 5) | 31 Dec 2025 (Unaudited) | 31 Mar 2025 (Refer note 4) | For Year Ended 31 Mar 2026 (Audited) | 31 Mar 2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income : | |||||
| a | Revenue from operations | 353.09 | 342.42 | 293.69 | 1,403.18 | 1,196.42 |
| b | Other income | 4.11 | 2.24 | 1.42 | 10.65 | 5.93 |
| Total income | 357.20 | 344.66 | 295.11 | 1,413.83 | 1,202.35 | |
| 2 | Expenses : | |||||
| a | Cost of materials consumed | 27.73 | 24.82 | 25.89 | 103.51 | 102.29 |
| b | Purchases of Stock-in-trade | 46.34 | 41.15 | 45.78 | 150.38 | 157.97 |
| c | Changes in inventories of finished goods, stock-in-trade and work-in-progress | (7.83) | (5.70) | (14.81) | 7.05 | (23.74) |
| d | Employee benefits expense | 106.63 | 95.94 | 84.85 | 403.02 | 346.14 |
| e | Finance costs | 1.38 | 1.66 | 2.20 | 6.97 | 10.60 |
| f | Depreciation and amortization expenses | 10.29 | 9.45 | 10.04 | 37.87 | 37.16 |
| g | Other expenses | 118.20 | 103.05 | 97.76 | 445.78 | 373.78 |
| Total expenses | 302.74 | 270.37 | 251.71 | 1,154.58 | 1,004.20 | |
| 3 | Profit before Share of Profit of associate, Exceptional item and Tax (1-2) | 54.46 | 74.29 | 43.40 | 259.25 | 198.15 |
| 4 | Exceptional item : | |||||
| a | Statutory impact of new Labour Codes (Refer note 6) | – | (19.10) | – | (19.10) | – |
| 5 | Share of profit of associate (net of tax) | 0.28 | 0.02 | 0.21 | 0.27 | 0.38 |
| 6 | Profit before tax (3+4+5) | 54.74 | 55.21 | 43.61 | 240.42 | 198.53 |
| 7 | Tax expense : | |||||
| a | Current tax expense | 8.06 | 17.10 | 9.24 | 56. |