Themis Medicare – Scoopearth : Startup Story | Startup News | Trending Business News | Latest Tech News https://www.scoopearth.com Embrace the World of Startup, Technology, Business, Finance and Many More Wed, 31 Jul 2024 17:21:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.scoopearth.com/wp-content/uploads/2023/11/cropped-favicon-sc-32x32.png Themis Medicare – Scoopearth : Startup Story | Startup News | Trending Business News | Latest Tech News https://www.scoopearth.com 32 32 Themis Medicare posts Q1 FY25 consolidated PAT higher at Rs. 24.68 Crore https://www.scoopearth.com/themis-medicare-posts-q1-fy25-consolidated-pat-higher-at-rs-24-68-crore/ Wed, 31 Jul 2024 06:48:28 +0000 https://www.scoopearth.com/?p=343605 The leading pharmaceutical company, Themis Medicare, recently revealed its performance figures for the first quarter of the fiscal year ending in 2525. The consolidated Profit After Tax (PAT) of the company reached Rs. 24.68 Crores which shows good performance and planned expansion.

Financial Performance 

The total income of Themis Medicare is Rs. 107.22 Crores during Q1 of FY25, as compared to Rs. 97.30 Crores in the previous quarter (Q4 FY24). Net profit of the company during Q1 FY25 was Rs. 24.68 crore which is a great improvement when compared to the net profit of Rs. 18.19 Crore in Q4 FY24. It is therefore important to sustain funding for new research programs, clinical trials, and new experimental drugs. In addition, scientific research upheld by Themis Medicare guarantees industry competitiveness.

Market Impact 

The value of the stock of Themis Medicare has remained more or less constant and has not followed the trend of the market. It has hit a 52-week high recently and has done better than the sector by 1.33% and gained 21.46% in the last 5 days. This positive trend leans with the financial performance of the company showing the attractiveness of the business to investors.

Pharmaceutical Sector Insights

When it comes to the pharmaceutical industry, Themis Medicare is a small-cap participant that is gradually evolving. Its stocks are still trading above the moving averages, backing up the growth trend. With a focus on innovation, research, and health care, the pharma market proves a viable ground for players like Themis Medicare. 

Product Portfolio 

The product mix of Themis Medicare is vast and comprises formulations, APIs, and medical vaccines. The strategic management of resources towards the enhancement of research and development further translates to sustainable growth of the company. Other opportunities include diversification in product portfolio and venturing into additional therapeutic areas. 

Expansion Plans

Themis Medicare currently has its business both in domestic and foreign markets. Increasing the company’s focus on emerging markets and identifying potential partnership opportunities should support global development. Overall, this stance of the company presents itself well for gaining the necessary regulatory approvals and penetrating the market. 

Key Products of Themis Medicare

Themis Medicare is a research-based pharmaceutical organization engaged in manufacturing a variety of products in different therapeutic segments. EMAL (Etoricoxib and Paracetamol Tablets) is an analgesic/inflammatory drug used in therapy. It has Etoricoxib which belongs to the Nonsteroidal anti-inflammatory drugs class and paracetamol which is used as an analgesic and antipyretic. ETOJET (Etoricoxib Injection) is an injectable formulation containing Etoricoxib in its API. This medication is taken to treat pain and inflammation. Aquadol TPM Gel is a topical analgesic gel that is commonly used to provide relief from pain. Other products of Themis Medicare include Themidol, Tazowin, Anemol, and Nimujet Gel which further help in pain management as well as inflammation. 

Conclusion

The Q1 FY25 financial performances of Themis Medicare prove the company’s financial strength, its aptitude to grow, and its focus on the healthcare sector. When venturing into the pharmaceutical business, everyone especially shareholders and investors should expect continuous value addition. 

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