Shares of Hikal Ltd declined 5.15% to Rs 228 on Friday, November 14, after the company reported weak September quarter earnings marked by a sharp fall in revenue and a shift to losses.
Hikal posted a net loss of Rs 34.90 crore in Q2 FY25, compared to a net profit of Rs 18.30 crore in the same quarter last year. The company’s sales fell 29.86% to Rs 316.20 crore, against Rs 450.80 crore in Q2 FY24, reflecting a significant slowdown in operational performance.
Operating profit margin also weakened sharply, dropping to 2.28% from 16.61% a year earlier. The company slipped into losses at every profitability level — PBDT, PBT, and PAT — according to the quarterly filing.
Q2 YoY Performance Snapshot
| Particulars | Sep 2025 | Sep 2024 | % Var |
|---|---|---|---|
| Sales | Rs 316.20 cr | Rs 450.80 cr | -29.86% |
| OPM % | 2.28% | 16.61% | — |
| PBDT | -Rs 5.80 cr | Rs 56.50 cr | PL |
| PBT | -Rs 47.00 cr | Rs 24.80 cr | PL |
| Net Profit | -Rs 34.90 cr | Rs 18.30 cr | PL |
Hikal’s sharp contraction in margins and profitability triggered selling pressure in morning trade, with the stock slipping more than 5% as of 9:15 AM.
